Question

Fred is clearing checks at the bank. One check comes through without the amount written in numerical form. The amount is written as Five Hundred Thousand, Fifty Six dollars and no/100. What will Fred write in as the amount?

Answer 1

Fifty six dollars and no/100 is written in numerical form as 56.00
No need to write the dollar sign because it is already printed on the check.
no/100 means there is no centavos involved.