You could always use the static method printf from System.out
- you'd then implement the corresponding formatter; this saves heap space in which other examples required you to do.
Ex:
System.out.format("%.4f %n", 4.0);
System.out.printf("%.2f %n", 4.0);
Saves heap space which is a pretty big bonus, nonetheless I hold the opinion that this example is much more manageable than any other answer, especially since most programmers know the printf function from C (Java changes the function/method slightly though).