In 2012, the Bureau of Engraving and Printing produced an average of about 4.3 million new $1

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In 2012, the Bureau of Engraving and Printing produced an average of about 4.3 million new $1 bills a day; worn bills are removed by Federal Reserve banks. There are about 12.7 billion dollar bills currently in circulation. Assuming that a xed percentage of $1 bills are removed from circulation each day, use a geometric series to estimate this percentage.1 Round your answer to two decimal places. a

Posted Date: Jun 25, 2024 03:36 PM

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In 2012, the Bureau of Engraving and Printing produced an average of about 4.3 million new $1

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