Convert the stock price to decimal notation and to decimal notation rounded to the nearest hundredth.
-The stock price of a company rose to $\$ 62 \frac{3}{64}$ per share after positive economic news was released.
A) $\$ 62.041875 ; \$ 62.05$
B) $\$ 62.041875 ; \$ 62.04$
C) $\$ 62.046875 ; \$ 62.04$
D) $\$ 62.046875 ; \$ 62.05$

Question

Quizplus · Accepted Answer

To convert the fraction to decimal, divide 3 by 64, which equals 0.046875. Adding this to 62 gives \$62.046875. Rounded to the nearest hundredth, \$62.046875 becomes \$62.05.

Convert the Stock Price to Decimal Notation and to Decimal $62364\$ 62 \frac{3}{64}$62643​

Convert the Stock Price to Decimal Notation and to Decimal $\$ 62 \frac{3}{64}$