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He has 40 $1.00 bills and 8 $5.00 bills
No one keeps exact track of the number of $2 bills in circulation from various counties. In the US the BEP estimates there are over 500 million American $2 bills in circulation but it's not physically possible to know how many have been lost / damaged / hidden...
-900
100 bills
Two $2 bills and eleven $1 bills.