HI again, Jeff,
This is in response to your post this morning.
I plugged your numbers into a LibreOffice table with these results:
(Note: The change in A10, and resulting change in the total in F12 was part of a test described below)

The set at the top (rows 1 to 12) is shown as it appeared with no formatting set for the cells, and with the columns widened where necessary until the 'full' result was shown.
By default, LibreOffice appears to show 10 decimal places for numbers in this range. This gives some headroom, allowing LO to line up the decimal points for numbers up to 99999.xxxxxxxxxx without requiring the user to set a specific format for the cell containing those numbers. See cells A11 and A12, and the corresponding values in E11 and E12.
Note that although only 10 post decimal places (and only 11 places in all) are shown for most results, the actual results in all calculations will have been carried out to (at least) the maximum number of places that can be displayed (15), and probably to one or more places beyond that to provide correct rounding of the results (as in the examples F12 and F26).
"I then recreated the original table again, this time leaving out the Decimal Hour, which was worthless, and making certain all of the numbers were entered to 4 deimal places. Still "over-rounded" the final numbers. "
You can ensure that the "entered" numbers are entered to four decimal places.
You can ensure that the "calculated" numbers are displayed to four decimal places, but restricting the display to four decimal places makes NO CHANGE to the calculated value itself.
If you want to calculate the sum using the rounded values, then you must round each value before using it in the sum.
Here's one further example, with values chosen to make the expected result esier to determine.
Both examples in this set have the same times: Three sets of one hour and twenty minutes and one of one hour and no minutes.
Summed, the results should be four hours and sixty minutes, or five hours and no minutes.
Number formats in the upper group are set to general, with columns set wide enough to display LO's ten decimal place default.
The middle set of cells is formatted to display three decimal places, but use the same formulas as the upper set.
The bottom set uses ROUND(A41+B41/60,3) to round the calculated values in column E to three decimal places. Those rounded values are used in the sum in F39.

All three of these examples start with the same data. The first two tell us that the sum of three one hour and 20 minute sessions plus one one hour session is five hours. The third that the total time in those four sessions is 4.999 hours.
Your call on which is 'correct' for your case.
Regards,
Barry