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Chapter 4: Problem 53

Convert from cents to dollars. $$34垄 $$

Short Answer

Expert verified
34垄 = \$0.34

Step by step solution

01

Understand the Relationship Between Cents and Dollars

1 dollar is equal to 100 cents. This means that to convert from cents to dollars, you need to divide the number of cents by 100.
02

Set Up the Division

Write the given number of cents and prepare to divide it by 100. In this case, you have 34 cents.
03

Perform the Division

Divide 34 by 100. Using the division operation, you get: \[ \frac{34}{100} = 0.34 \]
04

Write the Result

After the division, write the result with the dollar sign: \[ 34垄 = \$0.34 \]

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Key Concepts

These are the key concepts you need to understand to accurately answer the question.

division
When converting cents to dollars, understanding division is pivotal. Division is one of the fundamental mathematical operations. It splits a number into equal parts. Here, we divide 34 cents by 100 to convert it to dollars. This is because 1 dollar equals 100 cents. By performing the division \( \frac{34}{100} = 0.34 \), you see how many complete dollars (and parts of dollars) 34 cents represents. Always remember to check your work to ensure accuracy.
currency conversion
Currency conversion is the process of changing the value of one currency into another. For this exercise, we converted cents to dollars. The key point here is understanding the fixed conversion rate: 100 cents equal 1 dollar. When you divide the number of cents by 100, you're using this fixed rate to convert to dollars. Make sure you know the conversion rate for any two currencies you are working with to avoid mistakes.
mathematical operations
Mathematical operations like addition, subtraction, multiplication, and division are essential in everyday tasks. In this exercise, we focused on division, but knowing how to perform each operation is crucial. Each operation has its role:
  • Addition combines numbers.
  • Subtraction finds the difference between numbers.
  • Multiplication increases a number by repeated addition.
  • Division splits a number into equal parts.
Keep practicing these operations to strengthen your math skills!
financial literacy
Financial literacy is understanding how to manage one's money. Knowing how to convert between cents and dollars is a small, yet vital part of it. Being financially literate means you can make smart and informed financial decisions. It starts with simple tasks like the exercise above. Always double-check your calculations. Understanding these basic conversions helps when budgeting, shopping, and managing finances. This foundation will support more complex financial tasks in the future.

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