24
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Four times with a remainder of three
12
You cannot make exactly 0.55 with 12 coins, as there are no coin combinations that add up to that specific value. The closest value you can reach with 12 coins is 0.60, by using five dimes, three nickels, and four pennies.
1 7/12 (one and seven-twelfths)
It is: 3 times 12 = 36