Steve has $5. Nancy has 250% as much money as Steve. How much money does Nancy have?
Responses
A$115.00
$115.00
B$12.50
$12.50
C$125.00
$125.00
D$130.00
$130.00
E$17.50
To find out how much money Nancy has, we can calculate 250% of Steve's money.
250% of $5 = (250/100) * $5 = $12.50
Therefore, Nancy has $12.50. The correct answer is B$12.50.