Question

Charles Johnson has to make a deposit in his savings account. He has one $20 bill, two $5 dollar bills, seven $1 bills, six quarters, and five dimes. If Charles wants to deposit the entire amount, how much will he deposit in total?

Answer 1

Answer:

Total deposit is $39

Explanation:

Given

$\ 20\ bills = 1$

$\ 5\ bills = 2$

$\ 1\ bills = 7$

$Quarters = 6$

$Dimes = 5$

Required

Determine the total

To do this, we simply multiply each dollar bill or coin with its frequency and add up the results.

i.e.

$Total = 1 * \ 20 + 2 * \ 5 + 7 * \ 1 + 6 * Quarters + 5 * Dimes$

$Total = \ 37 + 6 * Quarters + 5 * Dimes$

$1\ quarter = \ 0.25$

$1\ dime = \ 0.1$

So:

$Total = \ 37 + 6 * \ 0.25+ 5 * \ 0.1$

$Total = \ 37 + \ 2$

$Total = \ 39$