Which value corresponds to a strap of 20s?

Which value corresponds to a strap of 20s?

• A. $1800.00
• B. $2000.00
• C. $2500.00
• D. $1600.00

Answer: (B)

A strap is a standard bundle of cash held together, usually consisting of 100 notes. The value of the strap depends on the denomination, so you multiply the denomination by 100. For twenty-dollar bills, that’s 100 × 20 = 2,000. So a strap of 20s is worth $2,000. This common convention makes counting and balancing straightforward, though some banks might use a different number of notes per strap for other denominations.

A strap is a standard bundle of cash held together, usually consisting of 100 notes. The value of the strap depends on the denomination, so you multiply the denomination by 100. For twenty-dollar bills, that’s 100 × 20 = 2,000. So a strap of 20s is worth $2,000. This common convention makes counting and balancing straightforward, though some banks might use a different number of notes per strap for other denominations.