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This study calculates the height of a stack of one-dollar bills needed to pay the average yearly tuition for an OSU student. By estimating the tuition fee at around $7,000 and knowing that 100 one-dollar bills measure approximately 5 inches high, we find that a sufficient stack would measure about 35 inches tall. This practical application of basic unit conversions and financial calculations illustrates the tangible representation of tuition costs in terms of physical money.
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GIVEN: A stack of one dollar bills sufficient to pay the yearly tuition of the average OSU student. FIND: The height of a stack of one dollar bills sufficient to pay the yearly tuition of the average OSU student.
Method/Approch: Make some assumptions to estimate tuition and thickness of money from prior knowledge Next individually solve using estimated values. Use unit conversions go from dollars to inches Present final answer
Assumptions: 100 $1 = .5 in Tuition = $6,000 – 8,000
Solution: $7,000 * 1 stack * .5 in = 35 inches $100 1 stack