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Week #204 - A note from the Windy City

16 posts in this topic

QUESTION:

 

What is the maximum amount of US Currency (notes only, no coins) you could use to reach $20 if you could only use each denomination once?

Good luck!

 

Our first place winner will receive a copy of The 2006 January Census Book. A prize will be given to a randomly selected participant with the correct answer.

 

 

 

REMINDER: The Numisma-Quest ends/ended on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia Info post for more details.

When you post your answer, only the administrators can see it. Stop back this Tuesday. We will make all the posts visible and announce the winners .

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This is a tough one.

 

Using these 10 notes, the total only reaches $19.08

3 cent

5 cent

10 cent

15 cent

25 cent

50 cent

$1.00

$2.00

$5.00

$10.00

 

So, 11 notes are required, including the $20 to reach $20 with maximum number of notes for a total of $39.08

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Use a 3c, 5c, 10c, 15c, 20c, 25c, 50c, $1, $2, $5, and a $10 to get you to $19.28, then you need a $20 note to put you over the top, so I believe that's 12 notes.

 

Zach

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I would say 1, a single $20 note, since using the smaller denominations just once doesn't make it to $20:

 

$10 + $5 + $2 + $1 + $0.50 + $0.25 + $0.15 + $0.10 + $0.05 + $0.03 = $19.08 in 10 notes, which isn't enough. confused-smiley-013.gif

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If you're trying to get exactly to $20, then there is only one way: with a single $20 bill, unless you can count silver certificates separately, then you could use $1, $2, $2 silver certificate, $5, and $10.

 

If it's OK to go over $20 then, $1 + $2 + $5 + $10 + $20.

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8 notes if you use the Fractionals 10 cents, 15 cents, 25 cents and 50 cents, then the $1, the $3 1815 small treasury note (this isn't leagal tender though), the $5 and the $10 denominations.

 

Other wise without the $3 treasury note the maximum would be 1 using the $20 Denomination.

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Tough question that needs to be broken down if I understand the question correctly. Assuming this can occur anywhere over time and can include fractional currency then we can look at each type since the mid 1700's. This breaks out into the following bills up to $20 as follows: 1c, 2c, 3c, 5c, 10c, 12 1/2c, 15c, 25c, 50c, $1/3, $2/3, $1, $2, $3, $4, $5, $6, $8, $10 & $20. This leaves a combination of 16 maximum notes that could be used once each before exceeding $20, 17 if you wanted some change back. If you were going to exactly $20 the maximum amount you could use is 12 notes. (2c, 3c, 5c, 15c, 25c, 50c, $1/3, $2/3, $3, $4, $5, & $6)

 

Or realistically, I have no idea and I'm going to be interested in seeing the answer to this one!

 

Greg

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$18.00

 

Dollar Bill, Two Dollar Bill, Five Dollar Bill & a Ten Dollar Bill.

 

You said Currency...no Quarter Eagles Bill around that I know of...

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QUESTION:

 

What is the maximum amount of US Currency (notes only, no coins) you could use to reach $20 if you could only use each denomination once?

 

ANSWER:

 

11 notes are required, including the $20 to reach $20 with maximum number of notes for a total of $39.08

 

3 cent

5 cent

10 cent

15 cent

25 cent

50 cent

$1.00

$2.00

$5.00

$10.00

 

Congratulations to our lst place winner RWW who will receive a copy of The 2006 January Census Book

 

We have no runner up this week.

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