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What is 45 divided by 6 equal?
7.5
How many cent equal to 1 dollar?
In US money, one dollar is worth 100 cents.
What are real life examples of a zero function?
Real life examples of using zero of a function in math include dividing an amount of money by a certain number of people to find out how much money each person will get when the number is divided equally.
Why must money be divisible?
money must be easily divisible so that it would not be destroyed in the process. one would not want to buy goods and not get back the change that is due to them. As a result any commodity that is being used as money must be one that can facilitate giving back change without being destroyed.
What is the smallest sum of money that can be added to 2.45 to make it exactly divisible by 9?
To find the smallest sum of money that can be added to 2.45 to make it exactly divisible by 9, we first need to determine the remainder when 2.45 is divided by 9. 2.45 can be written as 245/100. When 245 is divided by 9, the remainder is 8. To make 2.45 exactly divisible by 9, we need to add the difference between 9 and the remainder, which is 9 - 8 = 1. Therefore, the smallest sum of money that can be added to 2.45 to make it exactly divisible by 9 is $0.01.
Money that can be easily separated into smaller units of value has the characteristic of .?
Money that can be easily separated into smaller units of value has the characteristic of divisibility. Divisibility allows for transactions of varying amounts, making it practical for both small and large purchases. This characteristic is essential for a currency to function efficiently in an economy, enabling flexibility and convenience in trade.
A money that is easily separated into smaller units is said to be?
dividsible
What are two disadvantages of early forms of money?
Two disadvantages of early forms of money include their lack of portability and divisibility. For instance, items like livestock or grains were difficult to transport and could not easily be divided into smaller units for smaller transactions. Additionally, the value of these items often fluctuated based on availability and condition, making them unreliable as a standard medium of exchange.
Why is divisibility an important characteristic of money?
Divisibility is an important characteristic of money because it allows for transactions of varying sizes, enabling consumers to make purchases of different values without difficulty. This feature ensures that money can be easily broken down into smaller units, facilitating trade and commerce at all levels. Additionally, divisibility enhances the efficiency of the economy by allowing for precise pricing and the ability to make change, thereby supporting both small and large transactions seamlessly.
What is a characteristic of a bank?
A characteristic of bank is money.
Why is portability important characteristic of money?
Portability is a crucial characteristic of money because it enables individuals to easily carry and exchange it in various transactions. If money is difficult to transport, it limits its usability and convenience, hindering trade and commerce. Portable money allows for quick and efficient exchanges, facilitating economic activities and ensuring that people can access goods and services without significant barriers. Overall, portability enhances the effectiveness of money as a medium of exchange.
What is an important characteristic of money?
An important characteristic of good money is scarcity. This means that it is not readily available which will increase its value as well.
Is standardization a characteristic of money?
Of money itself not so much, but in the production of money it is.
What is an important characteristic of good money?
An important characteristic of good money is scarcity. This means that it is not readily available which will increase its value as well.
What type of money do they use in united states?
The U.S. official currency is the United States dollar. The U.S. dollar is divided into 100 smaller cent units.
What is commodity money?
Commodity money has become a medium exchange. This money has a common value and can be easily divided. Generally, a single item that would be accepted in exchange for other goods. For example: Coins, gold, grains, silver, currency, etc.
What the characteristic of a cashier?
the characteristics of a cashier is GOOD with Money
