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First, calculate the product of 53 hundreds and 60 tens: (53 \times 100 \times 60 \times 10 = 53 \times 6000 = 318000). To find how many thousands are in 318,000, divide by 1,000: (318,000 \div 1,000 = 318). Therefore, there are 318 thousands in the product of 53 hundreds and 60 tens.
No. The place values are Hundreds--Tens--Units. So the 5 is in the Hundreds column and so it worth: five hundred.
The 7 is in the hundreds place, so it is worth 700.
The 5 is in the hundreds place so it is worth 500.
If there is roughly 165 U.S. pennies in a pound of mixed (old and new) pennies, times 53 pounds, the total would be about $87.45.