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To calculate the total value of 60 lbs of pennies, nickels, dimes, and quarters, we need to consider the weight and value of each coin. On average, a penny weighs 0.088 oz, a nickel weighs 0.176 oz, a dime weighs 0.080 oz, and a quarter weighs 0.200 oz. By converting the weight of 60 lbs to ounces and then dividing by the weight of each coin, we can determine the total number of coins. Multiplying the number of each coin by its respective value (1 cent for a penny, 5 cents for a nickel, 10 cents for a dime, and 25 cents for a quarter) and summing them up will give us the total worth of 60 lbs of mixed coins.
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TaigaA followup to the Expert Answer:
- The value of any bulk collection of coins also depends on whether any of them are worth more to a collector. That's why it's never a good idea to simply take them to a bank - or worse yet, dump them into a supermarket coin-counter that will in addition extract a 9 or 10 percent service fee.
- The weight ratio of dimes and quarters is intentional, and the same applies to half-dollars and old large-size $1 coins as well. The ratios date from the time when each coin contained (approximately) its face value in silver. The metal value of a specific weight of coins had to be th same not matter what denominations were used; otherwise people would trade the lighter coins for heavier ones and make a profit on the difference.
When coins were changed to cupronickel-clad composition in the 1960s their size ratios were kept the same so they'd work compatibly in vending machines, thus their weight ratios stayed the same as well.
The exact answer depends on the mix of coins, but a range can be calculated. The US Mint's website gives the mass (weight) specifications of each coin (in grams).
Penny: 2.500 grams, Nickel: 5.000 grams, Dime: 2.268 grams, and Quarter: 5.670 grams. Thus the number of each type of coins can be calculated in 1 pound of coins:
- 181.44 pennies per pound = $1.8144
- 90.72 nickels per pound = $4.536
- 200 dimes per pound = $20.00
- 80 quarters per pound = $20.00
It's interesting to note that 1 pound of quarters and dimes has the same dollar value. For 60 pounds, the value can range from a minimum of $108.86 (all pennies) to a maximum $1,200 (all dimes and quarters).
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A coin collection worth 2.15 consists of nickels dimes and quarters If there are 13 coins and twice as many nickels as dimes how many of each are there?
7 quarters 2 dimes 4 nickels
How can you use 14 coins to make 1 dollar?
To make 1 dollar using 14 coins, you can use 6 quarters (each worth 25 cents), 3 dimes (each worth 10 cents), 2 nickels (each worth 5 cents), and 3 pennies (each worth 1 cent). This totals to $1.00.
How long are rolls of quarters nickels dimes pennies?
Oh, dude, you're really asking me about the length of rolls of coins? Well, a roll of quarters is 40 coins long, so it's like, longer than the other rolls because quarters are bigger. A roll of dimes, nickels, and pennies is 50 coins each, so they're all like, the same length. But seriously, who measures coins in lengths? Just go buy some snacks with those coins and chill out.
How many ways can you make 75 cents only using quarters dimes and nickels?
There are 18 possible combinations of quarters, dimes and nickels that total 75 cents. They are: 1) -- 3 Quarters 2) -- 2 Quarters, 2 Dimes, 1 Nickel 3) -- 2 Quarters, 1 Dime, 3 Nickels 4) -- 2 Quarters, 5 Nickels 5) -- 1 Quarter, 5 Dimes 6) -- 1 Quarter, 4 Dimes, 2 Nickels 7) -- 1 Quarter, 3 Dimes, 4 Nickels 8) -- 1 Quarter, 2 Dimes, 6 Nickels 9) -- 1 Quarter, 1 Dime, 8 Nickels 10) -- 1 Quarter, 10 Nickels 11) -- 7 Dimes, 1 Nickel 12) -- 6 Dimes, 3 Nickels 13) -- 5 Dimes, 5 Nickels 14) -- 4 Dimes, 7 Nickels 15) -- 3 Dimes, 9 Nickels 16) -- 2 Dimes, 11 Nickels 17) -- 1 Dime, 13 Nickels 18) -- 15 Nickels
How many combinations are there if you need 0.65 and can't use pennies but one coin is a quarter?
Well, isn't that just a happy little question! If you have a quarter (worth 25 cents) and can't use pennies, you could make 0.65 using a quarter and a dime (10 cents), or three quarters. So, there are two combinations in this scenario - each one a unique little masterpiece!
