What is the value of a strap of 1's?

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Multiple Choice

What is the value of a strap of 1's?

Explanation:
A strap is a standard bundle of banknotes, usually containing 100 notes. For one-dollar bills, that means a strap is 100 × $1, which equals $100. This fixed bundle size is why the value is $100—the count of notes times the denomination gives the total. In cash handling, straps make quick counting and verification easier, and the same idea applies to other denominations (a strap of $5 bills would be $500, and so on). The other amounts reflect smaller bundles, not the standard strap size for ones.

A strap is a standard bundle of banknotes, usually containing 100 notes. For one-dollar bills, that means a strap is 100 × $1, which equals $100. This fixed bundle size is why the value is $100—the count of notes times the denomination gives the total. In cash handling, straps make quick counting and verification easier, and the same idea applies to other denominations (a strap of $5 bills would be $500, and so on). The other amounts reflect smaller bundles, not the standard strap size for ones.

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