
Based on the provided information, 48 nickels is equal to $2.40.
The calculation to arrive at this value involves two main steps. First, the total number of cents is determined. Since one nickel is worth 5 cents, you multiply the quantity of nickels, which is 48, by 5. This calculation (48 x 5) results in a total of 240 cents.
Next, to convert this value from cents to dollars, you divide the total cents by 100, because there are 100 cents in a dollar. Dividing 240 cents by 100 gives you the final amount of 2.4 dollars. This value can also be expressed as 2 dollars and 40 cents.


