## You have stacks of quarters, dimes, nickels and pennies (these represent $0.25, $0.10, $0.05 and $0.01, respectively, in the US monetary system for anyone international). There are an unlimited number of coins in each stack. You can take coins from a stack in any amount and in any order and place them in your hand. What is the greatest dollar value in coins you can have in your hands without being able to make change for a dollar?

$1.19. There are a few ways to think about this, but the easiest is to start with the largest coin – quarters – first and then work your way down. 4 quarters equals $1.00, so we clearly can’t do that – but 3 quarters are ok because that’s only $0.75. Next, we have dimes. Recall … Read moreYou have stacks of quarters, dimes, nickels and pennies (these represent $0.25, $0.10, $0.05 and $0.01, respectively, in the US monetary system for anyone international). There are an unlimited number of coins in each stack. You can take coins from a stack in any amount and in any order and place them in your hand. What is the greatest dollar value in coins you can have in your hands without being able to make change for a dollar?