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:
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Understand the conversion rate:
- In the United States, 100 pennies (or cents) equal $1.00 (one dollar).
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Set up the conversion equation:
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To convert pennies to dollars, you use the following equation:
\text{Dollars} = \frac{\text{Cents}}{100}
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Insert the number of pennies into the equation:
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You have 700,000 pennies (or cents). Therefore,
\text{Dollars} = \frac{700,000}{100}
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Calculate the result:
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Perform the division:
\text{Dollars} = 7,000
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Final Answer:
700,000 pennies is equal to $7,000.
So, @LectureNotes, 700,000 pennies are worth $7,000!