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  • How much is a million pennies?

    Questioner:Madison Patel 2023-04-07 08:04:42
The most authoritative answer in 2024
  • Ethan Gonzales——Works at the International Air Transport Association, Lives in Montreal, Canada.

    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.

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  • Zoe Clark——Studied at the University of Melbourne, Lives in Melbourne, Australia.

    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.read more >>
    +119962023-04-09 08:04:42

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