USPS VEA 474 475 476 477 (Register) 1 — Questions and Answers

Question 1: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $5 bills do you think you'd need? $16.67

1 (Correct answer)
0 (Correct answer)
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3

Correct answer: 1

To make $16.67 with the fewest bills, you would first use a $10 bill, leaving $6.67. To cover the remaining whole dollar amount of $6, you would then need one $5 bill. The remaining $1.67 would be covered by a $1 bill and coins.

Question 2: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $20 bills do you think you'd need? $59.98

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2 (Correct answer)
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Correct answer: 2

To make $59.98 with the fewest bills, you should use the largest denominations possible without exceeding the total. Two $20 bills total $40, which is the maximum number of $20 bills you can use while still having enough remaining for other denominations to reach $59.98. Using three $20 bills would exceed the total amount.

Question 3: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many pennies do you think you'd need? $18.04

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4 (Correct answer)

Correct answer: 4

To make $18.04 with the fewest coins, you focus on the cents portion, which is $0.04. Since a penny is $0.01, you would need exactly four pennies to make up $0.04. No other coin combination can achieve this amount with fewer coins.

Question 4: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $10 bills do you think you'd need? $21.47

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0 (Correct answer)
4

Correct answer: 0

To make $21.47 with the fewest bills, you start with the largest denomination. You would use one $20 bill, leaving $1.47. Since the remaining amount is less than $10, no $10 bills are needed for this transaction.

Question 5: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $10 bills do you think you'd need? $34.97

1 (Correct answer)
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Correct answer: 1

To make $34.97 with the fewest bills, you would first use one $20 bill, leaving $14.97. To cover the remaining $10, you would then need one $10 bill. The remaining $4.97 would be covered by $1 bills and coins.

Question 6: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $20 bills do you think you'd need? $12.80

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0 (Correct answer)

Correct answer: 0

To make $12.80 with the fewest bills, you start with the largest denomination. Since $12.80 is less than $20, you would not need any $20 bills. The amount would be covered by $10 bills, $1 bills, and coins.

Question 7: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many nickles do you think you'd need? $7.55

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1 (Correct answer)
0

Correct answer: 1

To make $7.55 with the fewest coins, you focus on the cents portion, which is $0.55. You would use two quarters ($0.50), leaving $0.05. To make up the remaining $0.05, you would need one nickel.

Question 8: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many quarters do you think you'd need? $33.75

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3 (Correct answer)
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Correct answer: 3

To make $33.75 with the fewest coins, you focus on the cents portion, which is $0.75. To make $0.75 using the fewest coins, you would use three quarters, as each quarter is $0.25. No other combination of coins can make $0.75 with fewer pieces.

Question 9: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $20 bills do you think you'd need? $46.90

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2 (Correct answer)

Correct answer: 2

To make $46.90 with the fewest bills, you would use the largest possible denominations first. Two $20 bills total $40, which is the maximum number of $20 bills that can be used without exceeding $46.90. The remaining $6.90 would be covered by $5 bills, $1 bills, and coins.

Question 10: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $1 bills do you think you'd need? $23.03

3 (Correct answer)
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Correct answer: 3

To make $23.03 with the fewest bills, you would first use one $20 bill, leaving $3.03. To cover the remaining $3, you would then need three $1 bills. The $0.03 would be covered by coins.

Question 11: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many $5 bills do you think you'd need? $15.21

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1 (Correct answer)
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3

Correct answer: 1

To make $15.21 with the fewest bills, you would first use one $10 bill, leaving $5.21. To cover the remaining $5, you would then need one $5 bill. The $0.21 would be covered by coins.

Question 12: Determine the simplest way to make this quantity of change using the least amount of notes and coins. How many bills do you think you'd need? $40.10

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0 (Correct answer)

Correct answer: 0

To make $40.10 with the fewest bills, you would use the largest possible denomination first. In this case, two $20 bills perfectly cover the $40 portion of the amount. Since the $40 is fully covered by $20 bills, no $10 bills are needed.

Question 13: Find the simplest way to make this amount of change with the fewest bills and coins possible. How many quarters do you think you'd use? $25.45

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1 (Correct answer)
2

Correct answer: 1

To make $25.45 with the fewest coins, you focus on the cents portion, which is $0.45. You would use one quarter ($0.25), leaving $0.20. The remaining $0.20 would then be covered by two dimes, meaning only one quarter is needed.

Question 14: Determine the simplest way to make this quantity of change using the least amount of bills and coins. How many $1 bills do you think you'd need? $14.80

4 (Correct answer)
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1
5

Correct answer: 4

To make $14.80 with the fewest bills, you would first use one $10 bill, leaving $4.80. To cover the remaining $4, you would then need four $1 bills. The $0.80 would be covered by coins.

Question 15: Determine the simplest way to make this quantity of change using the least amount of bills and coins. How many $20 dollars do you think you'd need? $88.30

4 (Correct answer)
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Correct answer: 4

To make $88.30 with the fewest bills, you would use the largest possible denominations first. Four $20 bills total $80, which is the maximum number of $20 bills that can be used without exceeding $88.30. The remaining $8.30 would then be covered by $5 bills, $1 bills, and coins.

Question 16: Determine the simplest way to make this quantity of change using the least amount of bills and coins. How many dimes do you think you'd use? $60.50

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0 (Correct answer)
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Correct answer: 0

To make $60.50 using the least amount of bills and coins, you would use two quarters for the 50 cents. Since two quarters perfectly make 50 cents, no dimes are needed in this optimal combination. Therefore, the number of dimes used is zero.

Question 17: Determine the simplest way to make this quantity of change using the least amount of bills and coins. How many nickels do you think you'd need? $1.25

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0 (Correct answer)
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Correct answer: 0

To make $1.25 using the least amount of bills and coins, you would use one quarter for the 25 cents. A single quarter is the largest coin denomination less than or equal to 25 cents, making it the most efficient choice. Since one quarter covers the entire 25 cents, no nickels are required.

Question 18: Determine the simplest way to make this quantity of change using the least amount of bills and coins. How many dimes do you think you'd use? $13.35

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1 (Correct answer)
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Correct answer: 1

To make $13.35 with the fewest coins, you first address the 35 cents. You would use one quarter (25 cents), leaving 10 cents remaining. This remaining 10 cents is then covered by using one dime. Therefore, a total of one dime is needed.

Question 19: Determine the smallest number of bills and coins that can be used to make this amount of change. How many quarters do you think you'd use? $42.94

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3 (Correct answer)

Correct answer: 3

To make $42.94 with the smallest number of coins, you focus on the 94 cents. You would use three quarters (3 x $0.25 = $0.75), which leaves 19 cents. This is the maximum number of quarters you can use without exceeding 94 cents, thus minimizing the total coin count.

Question 20: Determine the smallest number of bills and coins that can be used to make this amount of change. How many pennies do you think you'd use? $3.05

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0 (Correct answer)
10
1

Correct answer: 0

To make $3.05 using the smallest number of coins, you would use one nickel for the 5 cents. A nickel is the largest denomination coin that can make 5 cents. Since one nickel perfectly covers the 5 cents, no pennies are needed in this optimal combination.

Question 21: Determine the easiest way to make this amount of change using the least amount of bills and coins. How many quarters do you think you'll need? $20.90

3 (Correct answer)
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Correct answer: 3

To make $20.90 using the least amount of coins, you focus on the 90 cents. You would use three quarters (3 x $0.25 = $0.75), which leaves 15 cents. This is the most efficient way to use quarters for 90 cents, as four quarters would exceed the amount. The remaining 15 cents would then be made with one dime and one nickel.

Question 22: Determine the smallest number of notes and coins required to create this amount of change. How many $20 dollars do you think you'd need? $91.40

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4 (Correct answer)
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Correct answer: 4

To make $91.40 using the smallest number of bills, you start with the largest denomination possible. For $91, you would use four $20 bills, which totals $80. This leaves $11, which would then be made up of smaller bills and coins. Using four $20 bills is the most efficient way to account for the majority of the dollar amount.

Question 23: Determine the lowest amount of bills and coins that can be used to make this amount of change. How many $1 bills do you think you'd use? $9.07

4 (Correct answer)
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9

Correct answer: 4

To make $9.07 using the lowest amount of bills and coins, you would first use a $5 bill for the dollar amount. This leaves $4.07. To cover the remaining $4, you would then use four $1 bills. This combination minimizes the total number of bills and coins by utilizing the largest denominations first.

Question 24: Calculate the smallest number of bills and coins needed to make this amount of change. How many ten-dollar bills do you think you'd need? $10.50

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1 (Correct answer)

Correct answer: 1

To make $10.50 using the smallest number of bills and coins, you would use one $10 bill for the dollar amount. This is the most direct and efficient way to cover the $10 portion. The remaining 50 cents would then be made using two quarters.

Question 25: Determine the fewest number of bills and coins required to create this amount of change. How many nickels do you think you'd need? $4.31

1 (Correct answer)
2
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3

Correct answer: 1

To make $4.31 using the fewest coins, you focus on the 31 cents. You would use one quarter (25 cents), leaving 6 cents. The most efficient way to make the remaining 6 cents is with one nickel (5 cents) and one penny (1 cent). Therefore, one nickel is needed.

USPS VEA 474 475 476 477 (Register) 1

Determine the simplest way to make this quantity of change using the least amount of notes and coins.
How many $5 bills do you think you'd need?
$16.67

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