ECONOMICS
MONEY MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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4 dimes
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10 nickels
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4 quarters
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4 pennies
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Detailed explanation-1: -We have a $1 bill and four quarter dollar coins. The four quarter dollar coins add to make a dollar because 4 x 25¢ = 100¢. For every 100 cents that we can make, we have made one dollar. We have a one dollar note plus the dollar made from the four quarters.
Detailed explanation-2: -Different Ways to Make a Dollar Can you make a dollar using only one type of coin? Answer: 100 pennies, 20 nickels, 10 dimes, or 4 quarters; each = 1 dollar.
Detailed explanation-3: -In order to make one dollar, you would need four quarters. Since a quarter is worth 25 cents, four quarters would equal one dollar, or 100 cents.
Detailed explanation-4: -Two student extension tasks follow: With the four coins (quarters, dimes, nickels, and pennies), there are 242 ways to make change for a dollar.