### Video Transcript

Elizabeth has one dollar and six
pennies. How many cents does she have? And which of these is the correct
way to write the amount of money she has?

Let’s start here: how many cents
does she have? How many cents is one dollar and
six pennies equal to? One dollar is equal to 100
cents. Six pennies is equal to six
cents. 100 plus six equals 106 cents. Elizabeth has 106 cents.

The second part of our question
wants to know what is the correct way to write the amount of money she has. If we look at the first option, it
has a dollar symbol and then the number 106. This means 106 dollars. Elizabeth does not have 106
dollars.

Our second option has a dollar
symbol and a decimal. But it’s missing a hundreds
place. Because when we talk about dollars
and cents, cents is measured in hundreds. We always need two values after the
decimal place. This dollar sign with the 1.6 is
not a correct way to write about money.

So we come to the last option. With the dollar sign, it says one
dollar and six cents. One dollar and six pennies would be
written with the dollar sign a one, a decimal, and then a zero six to represent the
six pennies — the six cents.

Elizabeth’s 106 cents would be
written as one dollar and six cents.