Answer:
Cheryl is correct.
Explanation:
Cheryl solved a problem : 84 ÷ 0.01 = 8,400.
This is absolutely right. 
When we divide any whole number with the divisor having decimal, we change the divisor to a whole number before performing the division.
To do this, we multiply both the numbers (divisor and dividend) by the same power of 10, until the divisor is a whole number.
 =
 = 

to make divisor a whole number we will again multiply both the numbers by 10.
 =
 = 
 = 8,400
 = 8,400
Now answer would be 8400.
Therefore, Cheryl is correct.