7.how many nickels are there in seventeen dollars?

Section: Seventeen Dollars in Nickels

Nickels, also known as fivecent coins, are a common denomination of currency in the United States. In this section, we will explore the value of seventeen dollars in nickels and break down the number of coins required to make up this sum.

Understanding the Value of Nickels

Nickels, as the name suggests, are worth five cents each. To calculate the number of nickels in a certain dollar amount, we need to divide the total amount by the value of each nickel.

Calculating Seventeen Dollars in Nickels

When we convert seventeen dollars into nickels, we can use the following formula:

17 dollars = (17 * 100) cents = 1700 cents Value of one nickel = 5 cents

By dividing 1700 cents by 5 cents (the value of a nickel), we can determine how many nickels are in seventeen dollars.

Answering the Question: 7. How many nickels are there in seventeen dollars?

To find out how many nickels are there in seventeen dollars, we divide 1700 cents by 5 cents:

1700 cents / 5 cents = 340 nickels

Therefore, there are exactly 340 nickels in seventeen dollars.

Conclusion

In conclusion, understanding the value of different denominations of currency is essential for everyday transactions. By knowing that there are 340 nickels in seventeen dollars, you can make more informed decisions when handling cash. Whether you’re counting change or budgeting for expenses, having a grasp of basic arithmetic involving coins can be highly beneficial.