Question: Assume that a bad actor has $1,000,000 in $5 U.S. currency. a. How many $5 bills does the bad actor hold? b. How much does

Assume that a bad actor has $1,000,000 in $5 U.S. currency.

a. How many $5 bills does the bad actor hold?

b. How much does that weigh?

c. How many U.S. wrappers of currency does that make?

d. If the holder of the $5 bills wanted to downsize the money to $20 bills:

i. How many $20 bills does the bad actor hold?

ii. How much does that weigh?

iii. How many U.S. wrapper of currency does that make?

e. If the holder of the $5 bills wanted to downsize the money to $100 bills: i. How many $100 bills does the bad actor hold? ii. How much does that weigh? iii. How many wrappers of currency does that make? iv. Estimate how many brief cases of money are required to hold this currency in $100?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

The Shop at Home Network sells various household goods during live television broadcasts. The company owns several warehouses to hold many of the goods it sells, but also leases extra warehouse space...

After reading CHAPTER 2 below from Michael J. Sandel 's book " JUSTICE ", please answer the following question: QUESTION: What are the strengths of Bentham 's thinking on moral reasoning? CHAPTER 2:...

I need your help with this: Can you please quote from the attached chapters / resource if possible? Corporations often use different costs of capital for different operating divisions. Using an...

I need short journal entries for these articles, please. 1) Learning Objectives By the end of this section, you will be able to: Explain the various functions of money Contrast commodity money and...

Hi, I have an Assignment for my Finance Subject. I have attached the necessary documentation here for you to view including the Lecture slides of all the Topics covered for this assignment. Please...

1. A well-established, large, Indian-based MNE will probably be most adversely affected by which of the following elements of firm value? a. access to qualified labor pool b. an open marketplace c....

Financial Literacy Ch. 11: Investing Discussion MEET JACK AND JILL Throughout our module, we use an example of two people who illustrate good and poor financial choices. Their background information...

It is April of 2021. What should Dr. Choi do about the public policy issues and why? ID The Chinese government allegedly gives illegal (per international trade laws) subsidies to Chinese producers to...

Questions . TABLE 1 ________________________________________ The U.S. Balance of Payments, 1991 (billion dollars; + is surplus of receipts, - is deficit) ________________________________________...

From the book Networks, Crowds, and Markets: Reasoning about a Highly Connected World. By David Easley and Jon Kleinberg. Cambridge University Press, 2010. Complete preprint on-line at...

does anyone know how to put this information into a form 1040 and schedules 1,2,3? repostinng the info becasue some one said it was "unclear" this is everything i was given & she said to put this...

Let A be an n Ã n matrix such that its characteristic polynomial is Where the Î» are distinct (a) Explain why (b) If the Î»i are not distinct but A is diagonalizable,...

Consult Paragraphs 12 of Ethics Rule 102 (ET 102). Next, consider the actions of David Schneeman and Charles Wasserott. Do you believe that these employees should have recorded the journal entries as...

AFLAC is my stock portfolio and I need to estimate the amount of free cash flow per share. Also, How many times free cash flow does the stock sell for?

Skills necessary for success in marketing include Multiple select question. analytical thinking advertising industry experience infallibility ability to work with others

I know the person. We go back a long time. No way do I want to complain to my friend.

Th e last time I complained, nothing happened.

Th ey could have made my situation worse.