2. [-11 Points] DETAILS MY NOTES CURRENMEDMATH11 2.S.001. Multiply the decimals. A calculator may be used. \( 1.45 \times 0.05= \) SUBMIT ANSWER ANSWER 10. \( [-11 \) Points \( ] \) DETAILS MY NOTES CURRENMEDMATH11 2.S.019. Use critical thinking to answer the following.

When multiplying decimals, it’s important to remember that the decimal places in your product depend on the total number of decimal places in the numbers being multiplied. For instance, 1.45 has two decimal places, and 0.05 has two as well, making a total of four decimal places in the final product. This means your answer will have to be adjusted accordingly! In real-world scenarios, you may often need to multiply decimals in situations like calculating costs, measurements, or statistics. For example, if you're buying 1.45 meters of fabric at $0.05 per meter, you'd use decimal multiplication to find out the total cost, which is crucial for budgeting and financial planning!