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.
Money Needed
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