Question 104

The library collected $1,000.

To convert the total number of pennies collected into dollars, one must divide the total number of pennies by 100, as there are 100 pennies in a dollar. Thus, 100,000 pennies divided by 100 equals $1,000.

A) $10,100

This option is incorrect because it suggests that the library collected more than the actual value of the pennies. The total does not reach that figure when converting pennies to dollars, as 100,000 pennies equals only $1,000.

B) $10,000

This option is also incorrect. It implies that the library collected a much larger sum than the actual amount. The correct calculation of 100,000 pennies results in $1,000, not $10,000.

C) $1,100

This option is incorrect as well because it overestimates the dollar amount derived from the collected pennies. When properly calculated, 100,000 pennies equate to $1,000, making $1,100 an inaccurate figure.

D) $1,000

This option is correct. The calculation of 100,000 pennies divided by 100 yields exactly $1,000, which accurately reflects the amount collected by the library for its special projects.

Conclusion

The correct answer is $1,000, as it accurately represents the conversion of 100,000 pennies into dollars. The other options fail to align with the mathematical conversion required, leading to inflated or incorrect amounts. Therefore, $1,000 is the only accurate option reflecting the library's total collection.