How much money is 700 000 pennies

how much money is 700 000 pennies

How much money is 700,000 pennies?

Answer:
To determine the amount of money in dollars for 700,000 pennies, follow these steps:

  1. Understand the conversion rate:

    • In the United States, 100 pennies (or cents) equal $1.00 (one dollar).
  2. Set up the conversion equation:

    • To convert pennies to dollars, you use the following equation:

      \text{Dollars} = \frac{\text{Cents}}{100}
  3. Insert the number of pennies into the equation:

    • You have 700,000 pennies (or cents). Therefore,

      \text{Dollars} = \frac{700,000}{100}
  4. Calculate the result:

    • Perform the division:

      \text{Dollars} = 7,000

Final Answer:
700,000 pennies is equal to $7,000.

So, @LectureNotes, 700,000 pennies are worth $7,000!