Convert the stock price to decimal notation and to decimal notation rounded to the nearest hundredth.
-The stock of a software company sold for $\$ 37 \frac{7}{8}$ per share on Monday at closing.
A) $\$ 37.825 ; \$ 37.82$
B) $\$ 37.825 ; \$ 37.83$
C) $\$ 37.875 ; \$ 37.88$
D) $\$ 37.875 ; \$ 37.87$

Question

Quizplus · Accepted Answer

The fraction $\frac{7}{8}$ converted to decimal is 0.875, so the stock price in decimal notation is \$37.875. When rounded to the nearest hundredth, it becomes \$37.88.

Convert the Stock Price to Decimal Notation and to Decimal $3778\$ 37 \frac{7}{8}$3787​

Convert the Stock Price to Decimal Notation and to Decimal $\$ 37 \frac{7}{8}$