The life expectancy of a circulating coin is 25 years. The life expectancy of a circulating dollar bill is only 1/20 as long. Fi

Question

vladimir1956 [14]

3 years ago

12

The life expectancy of a circulating coin is 25 years. The life expectancy of a circulating dollar bill is only 1/20 as long. Fi

nd the life expectancy of circulating paper money

Mathematics

1 answer:

soldi70 [24.7K] · Answer 1 · 2022-04-21T00:40:22+03:00

This problem can be solved easily by multiplying the time of the life expectancy of the coin with the fraction 1/20. The solution is as follows:

<span>Life expectancy of circulating paper money = 25 years * 1/20
</span><span>Life expectancy of circulating paper money = 1.25 years or 1 and 1/4 years</span>