Add from rightmost place value. Regroup when a column totals 10 or more.
Hundredths=5 + 7 = 12 hundredths = 1 tenth + 2 hundredths
Tenths=4 + 8 + 1 (carry) = 13 tenths = 1 one + 3 tenths
Ones=8 + 0 + 1 (carry) = 9
Sum=9.32
Final Answer: 9.32