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 :
[tex]\frac{1}{3}[/tex] of 2.34
= [tex]\frac{1}{3}[/tex] × 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.