Question

Sam and Eva have collected nine hundred sixty-two dollars and fifty cents for creating a waste treatment plant in one month.
What is the the correct number for the amount of money collected by them?

• A. $906.20
• B. $962.50
• C. $962.05
• D. $906.50

Answer 1

The correct option is B $962.50

Amount collected by Sam and Eva for creating a waste treatment plant is nine hundred sixty-two dollar and fifty cents.

We know,
$1 = 100 cents


Let's write the numbers in the place value chart to identify the number.


First we write the number form of nine hundred sixty-two to the left of the ones place as:


Now, let us write the value for fifty cents on the right side of the ones place, after the decimal point as:


The place value chart can be finally described as:


So, the amount collected by Sam and Eva can be written as $962.50.