Final answer:
Given that 2 cans of soup are priced at $0.89, the cost of a single can is initially calculated as $0.445. Yet, we round off to the nearest cent in financial transactions, so each can of soup will cost $0.45.
Step-by-step explanation:
The question is concerning the cost of a can of soup. The initial premise states that 2 cans of soup cost $0.89, which implies that the price of a single can of soup is $0.445. But as we commonly round off to the nearest cent in financial matters, each can of soup would actually cost $0.45 when rounded to the nearest cent.
Here are the steps taken to reach the conclusion:
- Recognize that the given cost is for 2 cans - $0.89
- Calculate the cost of a single can by dividing $0.89 by 2, which equals $0.445
- Because the final price for a can of soup must be rounded, round $0.445 to the nearest cent, thus obtaining $0.45 as the cost of each can of soup.
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