As per given by the question,
There are given that the sales tax is $5.57375.
Now,
For find the value nearest hundredth,
Nearest hundredth is the second digit after the decimal point.
That means,
If there is given that the value , x.yzw
Then, the nearest hundredth number is x.yz.
So,
From the given value.
The nearest hundredth value is, secon digit after the decima.
Here, second digit after the decimal is 57.
Then,
The nearest value of hundredth is 5.57.
Hence, the value is $5.57
