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

Total deposit is $39

Step-by-step 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`