how much is 700000 pennies
How much is 700000 pennies?
Answer:
To determine how much 700,000 pennies are, you need to convert pennies into dollars. Here’s a step-by-step approach to perform this conversion:
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Understanding the Conversion Rate:
- In the United States, 1 dollar is equal to 100 pennies.
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Setting Up the Calculation:
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To convert 700,000 pennies to dollars, divide the total number of pennies by the number of pennies in one dollar (100).
\text{Dollars} = \frac{\text{Total Pennies}}{\text{Pennies per Dollar}}
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Performing the Calculation:
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Insert the given number of pennies (700,000) into the formula:
\text{Dollars} = \frac{700,000}{100} = 7,000
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Final Answer:
Therefore, 700,000 pennies are equal to $7,000.