Decimal Multiplication: Locate the Decimal Point in 2.37 × 1.10 = 2607

Given the following exercise, find the correct place of the decimal point:

$2.37\times1.10=2607$

To solve this problem, we'll follow these steps:

• Identify the number of decimal places in each factor
• Sum the decimal places of the factors
• Place the decimal point in the product accordingly
• Confirm with the provided choices

Step 1: Let's determine the decimal places:
The number $2.37$ has 2 decimal places.
The number $1.10$ has 2 decimal places.

Step 2: Calculate the total decimal places:
The sum of the decimal places in both numbers is $2 + 2 = 4$.

Step 3: Position the decimal point in the product:
The result of $2.37 \times 1.10$ is displayed as 2607.
We need to place the decimal point such that the result contains 4 decimal places in total, starting from the rightmost digit.

Step 4: Apply the decimal adjustment:
Starting from the right, place the decimal point 4 places from the right: $2.607$.

Therefore, the correct position of the decimal point in the product is $2.607$.