Question

How many ways are there to make change for $3? (Utilize all forms of US currency, such as Silver dollars, half dollars, quarters, nickels, & pennies.) Is there a specific formula to calculate this?

Answer 1

300 pennies. 12 quarters. 6 half dollars. 3 silver dollars. 60 nickles. 30 dimes.

Explanation:

Pennies have a value of .01 so we add that to equal 300. For three dollars we need 12 quarters. 300 divided by the value of the quarter which is .25 cents. We have six half dollars (we divide 300 by the value of the half dollar). We would need 3 silver dollars since each is worth a dollar each. We would need 30 dimes (300 divided by 10). Finally, we would need 60 nickels (300/5 = 60).

I hope this helps. Feel free to ask any questions.