Hint: You are given $26 and you have to divide it with 12 to get the desired answer.
Step by step solution-
According to the question,
$\dfrac{{26}}{{12}} = 2.166\overline 6 $
After rounding off the answer to the nearest penny we get,
$ = 2.17$
Hence , 26/12 will be 2 dollars and 17 cents after rounding to the nearest penny.
Note- A repeating decimal or recurring decimal is a decimal representation of a number whose digits are periodic and the infinitely repeated digit is not zero....the infinitely repeated digit sequence is called the repetend or reptend. In this when we divide 26 dollars by 12 we get , $\dfrac{{26}}{{12}} = 2.166\overline 6 $ where 6 is the repeating decimal.
