How much money will Sun Trust have After taking 1 penny out 1,000,000 accounts?

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How much money will Sun Trust have After taking 1 penny out 1,000,000 accounts?

If SunTrust have 1,000,000 bank accunts and they said they was going to take 1 penny out every accunt how much money will they have.

2007-02-25 09:32:30 · 2 answers · asked by tabariwalters 2 in Business & Finance ➔ Personal Finance

2 answers

$10,000 (1%)

2007-02-25 09:35:24 · answer #1 · answered by Heather Y 7 · 0⤊ 0⤋

So if they have 1 million account, and at 1 penny each account, thats 1 million pennies. So its 1,000,000 pennies. So, if you divide that by 100, you will get $10,000 dollars.

2007-02-25 09:41:26 · answer #2 · answered by Anonymous · 0⤊ 0⤋