Question

In the following exercises, divide. Round money monetary answers to the nearest cent.

$\$109.24÷36$

Short answer

The value of the given expression is $3.03.

Step-by-step solution

Step 1. Given information.

The given expression is:

$\$109.24÷36$

Step 2. Divide the numbers.

Divide 109.24 by 36.

$$\begin{gathered} \underline{\overline{)36}}\overline{\overline{)109.24}}\underline{3.034} \\ \underline{-108} \\ 12 \\ \underline{-0} \\ 124 \\ \underline{-108} \\ 160 \\ \underline{-144} \\ 16 \end{gathered}$$

Using the above division, it is clear that

$\begin{array}{rcl}109.24÷36& =& 3.034\\ & \approx & 3.03\end{array}$

Step 3. Conclusion.

The value of the given expression is $3.03.