Alright, let's break this down step-by-step.
1. Understand the value of a nickel:
A single nickel is worth 5 cents.
2. Determine the number of nickels you have:
In this case, you have 20 nickels.
3. Calculate the total value of 20 nickels in cents:
Since each nickel is worth 5 cents, you can find the total value by multiplying the number of nickels by the value of one nickel:
[tex]\[
\text{Total value in cents} = 20 \text{ nickels} \times 5 \text{ cents per nickel} = 100 \text{ cents}
\][/tex]
4. Convert the total value from cents to dollars:
There are 100 cents in one dollar. To convert from cents to dollars, you divide the total number of cents by 100:
[tex]\[
\text{Total value in dollars} = \frac{100 \text{ cents}}{100} = 1.0 \text{ dollars}
\][/tex]
Therefore, the total value of 20 nickels is 1.0 dollars.
So, twenty nickels are the same amount of money as one dollar.