Which of the following is an appropriate way to establish a cash float of $50?
A.
Two $20 bills and one $10 bill
B.
One $10 bills, five $5 bills, twelve $1 bills, 8 quarters, 6 dimes, 6 nickels, and 10 pennies
C.
Two $20 bills, one $5 bill, three $1 bills, and 8 quarters
D.
One $50 bill
The appropriate way to establish a cash float of $50 is option C. Two $20 bills, one $5 bill, three $1 bills, and 8 quarters.
The appropriate way to establish a cash float of $50 is option C. This option includes two $20 bills, one $5 bill, three $1 bills, and 8 quarters.
To establish a cash float of $50, you need to have a combination of bills and coins that adds up to $50. Let's go through each option and calculate their total value to determine which one is appropriate.
A. Two $20 bills and one $10 bill:
Total value = 2 * $20 + $10 = $40 + $10 = $50
Option A is appropriate because it adds up to $50.
B. One $10 bill, five $5 bills, twelve $1 bills, 8 quarters, 6 dimes, 6 nickels, and 10 pennies:
Total value =1 * $10 + 5 * $5 + 12 * $1 + 8 * $0.25 + 6 * $0.10 + 6 * $0.05 + 10 * $0.01
= $10 + $25 + $12 + $2 + $0.6 + $0.30 + $0.10
= $49
Option B is not appropriate since it adds up to $49, not $50.
C. Two $20 bills, one $5 bill, three $1 bills, and 8 quarters:
Total value = 2 * $20 + 1 * $5 + 3 * $1 + 8 * $0.25
= $40 + $5 + $3 + $2
= $50
Option C is appropriate because it adds up to $50.
D. One $50 bill:
Total value = 1 * $50 = $50
Option D is also appropriate because it is a single $50 bill, which adds up to $50.
Therefore, options A, C, and D are all appropriate ways to establish a cash float of $50.