Understand the value of one penny, which is $0.01.

Recognize that there are 100 pennies in one US dollar.

Multiply the value of one penny by the number of pennies (10 million) to find the total value in dollars.

The calculation is: $0.01 * 10,000,000 = $100,000.

Verify the result to ensure accuracy.

Confirm that there are no errors in the calculation.

Consider the context of the calculation and ensure it aligns with the question.

Present the final answer: 10 million pennies are worth $100,000.

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