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Chapter 4: Problem 55

Convert from cents to dollars. $$3445垄 $$

Short Answer

Expert verified
34.45 dollars

Step by step solution

01

Understand the Conversion Rate

To convert cents to dollars, remember that 1 dollar equals 100 cents. Therefore, to convert from cents to dollars, you will divide the number of cents by 100.
02

Perform the Division

Divide 3445 by 100. Therefore, the equation is: \ \( 3445 梅 100 = 34.45 \)
03

Write the Result

After dividing 3445 cents by 100, you get 34.45 dollars. Hence, \ \( 3445垄 \) is equal to \ \( 34.45 \) dollars.

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Key Concepts

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

Conversion Rate
To understand how to convert cents into dollars, you need to know the conversion rate. The conversion rate is the relationship between two units of measurement.
In the context of money, this means knowing how many cents are in a dollar. One dollar is equal to 100 cents.
This means every time you have 100 cents, it's equivalent to having 1 dollar.
Let's look at an example: If you have 200 cents, you can convert this by understanding that every 100 cents equals 1 dollar. Therefore, 200 cents is equal to 2 dollars.
This rate is very simple but crucial for all kinds of money conversions.
Division
Once you understand the conversion rate, the next step is performing the conversion using division. To convert cents to dollars, you divide the number of cents by 100. Division is all about splitting a number into equal parts.
For example, if you have 3445 cents and you want to convert them into dollars, you divide 3445 by 100:
\[ 3445 \div 100 = 34.45 \]
This equation shows you that 3445 cents is equal to 34.45 dollars.
Division allows you to break down a large number (cents) into a smaller one (dollars), making it easier to understand and work with in real-life scenarios.
Money Conversion
Money conversion is a common task whether you're shopping, budgeting, or traveling.
Knowing how to convert between different forms of money helps you manage your finances effectively.
For instance, within the same currency, it's often necessary to convert smaller units to larger ones or vice-versa. When converting from cents to dollars, use the known conversion rate (100 cents = 1 dollar) and apply division.
As shown in the previous example, by dividing 3445 cents by 100, you get 34.45 dollars. This steps:
  • First, know the conversion rate
  • Second, perform the division
  • Finally, understand the practical application
Remember, practicing these conversions will help you become more comfortable and quicker with your calculations.

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