How much is a million pennies?
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Noah Lee
Works at the World Health Organization, Lives in Geneva, Switzerland.
Hello, I'm a finance expert with a strong background in mathematics. I can help you with conversions and calculations related to currency.
A single penny is the smallest denomination of currency in many countries, including the United States and the United Kingdom. To find out how much a million pennies are worth, we simply multiply the number of pennies by the value of a single penny.
In English, the calculation would be:
1 penny = $0.01 (or 1p in the UK)
1,000,000 pennies = 1,000,000 * $0.01
Now, let's do the math:
1,000,000 * $0.01 = $10,000
So, a million pennies equates to ten thousand dollars.
A single penny is the smallest denomination of currency in many countries, including the United States and the United Kingdom. To find out how much a million pennies are worth, we simply multiply the number of pennies by the value of a single penny.
In English, the calculation would be:
1 penny = $0.01 (or 1p in the UK)
1,000,000 pennies = 1,000,000 * $0.01
Now, let's do the math:
1,000,000 * $0.01 = $10,000
So, a million pennies equates to ten thousand dollars.
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Studied at the University of Cambridge, Lives in Cambridge, UK.
Assuming they are all newer (1983-) pennies, they would be composed of 97.5% zinc and 2.5% copper and weigh 2.5 grams each. One million pennies => 1,000,000 * 2.5 grams = 2,500,000 grams OR 5511.56 lbs. So the total "material" value would be $4945.24, or about 50% less than the face value of $10,000.
2023-04-14 08:04:42
Harper Roberts
QuesHub.com delivers expert answers and knowledge to you.
Assuming they are all newer (1983-) pennies, they would be composed of 97.5% zinc and 2.5% copper and weigh 2.5 grams each. One million pennies => 1,000,000 * 2.5 grams = 2,500,000 grams OR 5511.56 lbs. So the total "material" value would be $4945.24, or about 50% less than the face value of $10,000.
