If you're using Excel to calculate monetary values, then you only have to worry about two decimal places in your numbers. Aligning your numbers to the right automatically lines up the decimal points ...
Each digit moves 2 places to the right. We don't have any units and tenths, so we place a '0' in the columns. Therefore 2 ÷ 100 = 0.02 ...
We use a decimal point to separate units (ones) from parts of a whole, such as tenths, hundredths, thousandths, etc. \({0.1}\) is a tenth, \(\frac{1}{10}\), of a one ...
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