Subjects algebra

Money Needed

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1. **State the problem:** Jimmy wants to buy a bike costing $174. We need to find how much more money he needs after counting all the cash he currently has (excluding his savings account). 2. **Calculate the total cash from bills:** - 3 twenty-dollar bills: $3 \times 20 = 60$ - 1 ten-dollar bill: $1 \times 10 = 10$ - 2 five-dollar bills: $2 \times 5 = 10$ - 4 one-dollar bills: $4 \times 1 = 4$ Total from bills: $$60 + 10 + 10 + 4 = 84$$ 3. **Calculate the total cash from coins:** - Pennies: $12 \times 0.01 = 0.12$ - Nickels: $44 \times 0.05 = 2.20$ - Dimes: $19 \times 0.10 = 1.90$ - Quarters: $37 \times 0.25 = 9.25$ Total from coins: $$0.12 + 2.20 + 1.90 + 9.25 = 13.47$$ 4. **Add the birthday check:** $25$ 5. **Calculate total money Jimmy currently has:** $$84 + 13.47 + 25 = 122.47$$ 6. **Calculate how much more money Jimmy needs:** $$174 - 122.47 = 51.53$$ **Answer:** Jimmy needs $51.53 more to buy the bike.