Question

Help! Giving medal..


In a recent year, the number of $1 bills in circulation in the U.S. was about 7 billion.

Suppose the number of $5 bills in circulation was 25% of the number of $1 bills. About how many $5 bills were in circulation?
a.
2 billion
c.
.5 billion
b.
1 billion
d.
10 billion

Answer 1

In a recent year, the number of $1 bills in circulation in the U.S. was about 7 billion.

Suppose the number of $5 bills in circulation was 25% of the number of $1 bills. About how many $5 bills were in circulation?


25% of the number of $1 bill = 25% of 7 billion = 0.25 x 7 billion = 1.75bil ~ 2 bil