The table below , the amount of money (in billions of dollars) in bills of denomination circulating in US currency in 2005. For example according to the table values below there were $60.2 billion worth of $50 bills in circulation.
Denomination (value of bill) | 1 | 5 | 10 | 20 | 50 | 100 |
Dollar Value in Circulation | 8.4 | 9.7 | 14.8 | 110.1 | 60.2 | 524.5 |
a) Find .
b) Using your answer in (a), what was the total number of $100 bills (not the amount of money) in circulation in 2005?
There were a total number of billion $100 bills in circulation.
c) Are the following statements True or False?
1. There were more 5 dollar bills than 10 dollar bills.
2. There were more 20 dollar bills than 100 dollar bills.