Question

Given a dollar amount, convert it into euro coins and bills. You are given the dollar amount as the argument and the dollar to euro rate is 1.30. The euro denominations are 500 bill, 200 bill, 100 bill, 50 bill, 20 bill, 10 bill, 5 bill, 2 bill, 1 bill, 50 cents, 25 cents, 10 cents, 5 cents, 2 cents, 1 cent. Convert the dollar amount into the least amount of bills and coins.

Answer 1

To convert a dollar amount into euro coins and bills, divide the amount by the exchange rate. Then, calculate the number of bills and coins needed starting from the highest denomination. Keep track of the remaining amount and use it to calculate the number of coins.

Step-by-step explanation:

To convert a dollar amount into euro coins and bills, you need to use the current exchange rate. The exchange rate given is 1.30 dollars to 1 euro. To convert the dollar amount, you will need to divide it by the exchange rate. For example, if you have $100, you would divide it by 1.30 to get about 76.92 euros.

Next, you can calculate the number of bills and coins needed. Start with the highest denomination bill, which is a 500 euro bill. Divide the amount by 500 to find the number of bills needed. For example, 76.92 divided by 500 is approximately 0.15384, so you would need 0 bills of this denomination.

Repeat this process for each denomination, from highest to lowest, until you reach the smallest coin. Keep track of the remaining amount and use it to calculate the number of coins needed. For example, if you have 76.92 euros remaining, you could use a 50 euro bill, which would leave you with 26.92 euros. Then, you could use a 20 euro bill, leaving you with 6.92 euros. Finally, you could use a 5 euro bill, leaving you with 1.92 euros. You would then need 1 euro coin and 92 cents in coins to complete the conversion.