MathDB
Coin changing machine

Source:

February 20, 2006

Problem Statement

Boris has an incredible coin changing machine. When he puts in a quarter, it returns five nickels; when he puts in a nickel, it returns five pennies; and when he puts in a penny, it returns five quarters. Boris starts with just one penny. Which of the following amounts could Boris have after using the machine repeatedly? (A) $3.63(B) $5.13(C) $6.30(D) $7.45(E) $9.07\text{(A)}\ \$3.63 \qquad\text{(B)}\ \$5.13\qquad\text{(C)}\ \$6.30 \qquad\text{(D)}\ \$7.45 \qquad\text{(E)}\ \$9.07