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To determine the number of bits in three dollars, we need to first convert the dollar amount to cents, as there are 100 cents in a dollar. Three dollars is equal to 300 cents. Next, we need to calculate the number of bits in 300 cents. Since 2^8 (256) is the closest power of 2 to 300, we would need at least 8 bits to represent 300 cents accurately.

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Q: How many bits are here in three dollars?
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