SOLUTION: Ricky has 8 coins that include half dollars, quarters, dimes, nickels, and pennies. What is the lowest amount of money he can have if he has no more than 2 of any type of coin?

Question 832438: Ricky has 8 coins that include half dollars, quarters, dimes, nickels, and pennies. What is the lowest amount of money he can have if he has no more than 2 of any type of coin?
Answer by erica65404(394) (Show Source): You can put this solution on YOUR website!
well to start off, we already know there must be half dollars, quarters, dimes, nickels, and pennies so we know there has to be at least one of each.
1 half dollar
1 quarter
1 dime
1 nickel
1 penny
We have a total of 5 coins so far but we need 3 more. We want the lowest amount and there are only 2 possible per coin.
1 half dollar
1 quarter
2 dimes
2 nickels
2 pennies
This combination will give him $1.07 which is the lowest amount he can have if having no more than 2 of each coin.
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