Answer:
$0.78 or 78 cents.
Step-by-step explanation:
We have to calculate one third of the money $2.34.
First we will rewrite the question as :
\(\frac{1}{3}\) of 2.34
= \(\frac{1}{3}\) × 2.34
= $0.78
Convert it into cents
1 dollar = 100 cents
0.78 dollar = 100 × 0.78
= 78 cents
One third of $2.34 is $0.78 or 78 cents.