Question

Write 74/100 as a money amount and as a decimal in terms of dollars

Answer 1

The answer is 0.74, or 74 cents

Answer 2

74 cents or $0.74

Explanation:

We have to convert the given amount in the money form.

Now, we know that there are 100 cents in 1 dollar.

Thus, the given amount of money can be either expressed in cents or in the dollar form.

In cents:

`(74)/(100)` can be regarded as 74 cents out of the 100 cents. Thus, it can be written as 74 cents.

In dollars:

`(74)/(100) = 0.74` can be written in the form of dollars. Thus,
`(74)/(100)` = $0.74.

Thus, the given amount of money can be written as 74 cents or 0.74$.