52 thousand pennies is equal to $520.
The method in which first we find the value of one unit and then the value of the required number of units is known as the Unitary Method.
The dollar is the United States’ 100-cent coin. It takes 100 pennies to equal a dollar! It is the basic unit of money in the U.S., whether in the form of paper money or a coin.
The coin that represents the smallest unit of money in the United States and Canada, which is equal to 1 cent.
According to the question
100 pennies = $1
52000 pennies = X
Using unitary method
100X = 52000
X = [tex]\frac{52000}{100}[/tex]
X = $520
52 thousand pennies is equal to $520.
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