Making change

komark

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Jun 12, 2010
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I am pretty sure that I have to use a combination to solve this problem, but don't know where to begin.

How many different ways are there to make $1.75 in change using only nickels, dimes, and quarters?

Thanks for any help.
 
This is a little tricky. One way to find the number of ways to make change is to look at the coefficient of \(\displaystyle x^{175}\) in the expansion of

\(\displaystyle \frac{1}{(1-x^{5})(1-x^{10})(1-x^{25})}\).

This is tough to expand without technology. Even then it may make it grunt :D .
 
komark said:
I am pretty sure that I have to use a combination to solve this problem, but don't know where to begin.

How many different ways are there to make $1.75 in change using only nickels, dimes, and quarters?

Thanks for any help.

If I were to do this problem - I would use excel and write a small macro to physically count it out.
 
Once you specify the number of one coin, you only need to consider the possibilities of another.

You can have 0,1,...,17 dimes. (I chose dimes because nickles divides evenly into quarters)

In the case of 0 dimes, you can have 0,5,10,...,35 nickles, each of which specify a necessary amount of quarters (8 possibilities)

If you have one dime, you must have one of: 3,8,13,...,33 nickles (7 possibilities)

Two dimes => 1,6,11,...31 nickles (7 possibilities)

Three dimes => 4,9,14,19,24,29 (6 possibilities)

...

etc

It should get easier as the number of dimes go up, i.e.

14 dimes => 2 or 7 nickles (2 possibilities)

Just add these up
 
I thought a little more for a "simple" solution, and here is what I came up with. Hopefully I did not make a mistake in my reasoning, but here it is:

If there are n quarters, the number of dimes possible is floor[(175-25n)/10] = floor[2.5(7-n)]. Given a number of dimes and quarters, it is easy to see that the number of nickles is already determined.

For example, if there are 5 quarters and 3 dimes, there must be 4 nickles. For this reason we may forget the nickles are even there.

So the answer is

\(\displaystyle \sum_{n=0}^7 \sum_{k=0}^{\lfloor 2.5(7-n) \rfloor} 1 = \sum_{n=0}^7 (\lfloor 2.5(7-n) \rfloor}+1) = 76\)
 
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