Answer :
To convert the number 62453 into currency format, follow these steps:
1. Start with the Original Number:
- We have the number 62453.
2. Add Commas for Thousands:
- Insert commas to separate the thousands. This changes 62453 to 62,453.
3. Include the Dollar Sign:
- Add a dollar sign in front of the number to indicate it is a currency. So, it becomes [tex]$62,453.
4. Add Two Decimal Places:
- In currency formatting, numbers are typically displayed with two decimal places to represent cents.
- Even if there are no cents, you would show it as .00.
- Therefore, the number changes from $[/tex]62,453 to [tex]$62,453.00.
By following these steps, we see that the currency formatting of the original number 62453 is $[/tex]62,453.00.
1. Start with the Original Number:
- We have the number 62453.
2. Add Commas for Thousands:
- Insert commas to separate the thousands. This changes 62453 to 62,453.
3. Include the Dollar Sign:
- Add a dollar sign in front of the number to indicate it is a currency. So, it becomes [tex]$62,453.
4. Add Two Decimal Places:
- In currency formatting, numbers are typically displayed with two decimal places to represent cents.
- Even if there are no cents, you would show it as .00.
- Therefore, the number changes from $[/tex]62,453 to [tex]$62,453.00.
By following these steps, we see that the currency formatting of the original number 62453 is $[/tex]62,453.00.