Converting Money Counted in Pennies to Dollars: Quarters, Dimes, Nickels, and Pennies Form

How can we convert money counted in pennies to its equivalent dollars, quarters, dimes, nickels, and pennies form?

What are the steps involved in the conversion process?

Conversion Process:

To convert money counted in pennies to its equivalent dollars, quarters, dimes, nickels, and pennies form, you can use the following algorithm:

• Ask the user to enter the amount of money in pennies.
• Divide the amount by 100 to get the number of dollars.
• Take the remainder of the division and divide it by 25 to get the number of quarters.
• Take the remainder of the previous step and divide it by 10 to get the number of dimes.
• Take the remainder of the previous step and divide it by 5 to get the number of nickels.
• The remaining amount is the number of pennies.
• Display the result in the format: dollars: quarters: dimes: nickels: pennies.

Explanation:

To convert money counted in pennies to its equivalent dollars, quarters, dimes, nickels, and pennies form, you can follow the algorithm provided:

1. Ask the user to enter the amount of money in pennies.
2. Divide the amount by 100 to get the number of dollars.
3. Take the remainder of the division and divide it by 25 to get the number of quarters.
4. Take the remainder of the previous step and divide it by 10 to get the number of dimes.
5. Take the remainder of the previous step and divide it by 5 to get the number of nickels.
6. The remaining amount is the number of pennies.
7. Display the result in the format: dollars: quarters: dimes: nickels: pennies.

By following this simple algorithm, you can easily convert any amount of money counted in pennies into its equivalent value in dollars, quarters, dimes, nickels, and pennies form. This conversion process helps in better understanding the monetary value and distribution of different coin denominations.