Answer
$5.35
Work Step by Step
Price : Dollar 2.89 per pound of cheese
Quantity : 1.85 pounds
Total amount : 289 $\times$ 1.85
2.89 (2 decimal points)
$\times$1.85 (2 decimal points)
______
1445
+23120
+28900
______
5.3465 (2+2=4 decimal points)
5.3465
Now to round it to the nearest cent Keep 5.34 and look for the thousandths place, it is 6 which is $\geq$ 5. So add 1 to the hundredths place.
5.34+0.01 = 5.35 (rounded)