ANSWER
[tex]\begin{equation*} \$0.07 \end{equation*}[/tex]EXPLANATION
We want to round the given monetary amount to the nearest cent.
The nearest cent is represented by the nearest hundredth of a decimal. Hence, we have to round the amount to the nearest hundredth.
That is:
[tex]\cong\$0.07[/tex]That is the answer to the nearest cent.
