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Mon 10 Jan, 2005 12:58 pm
A friend and her husband have saved pennies, nickels, dimes, and quarters over the years (change in purse, pocket at end of day). Is there a way to calculate the worth based on volume? Like maybe 1 gallon of random coins equals a worth of from $_____ to $______?
Unlikely ... too much variation in value and insufficient correlation of value-to-weight. Any bank will machine-count and sort 'em for you. Might be a small fee involved. Ask your bank.
Our local Albertsons has a coin machine, but it charges 8.5 percent. Kind of hefty considering that translates to much more than we can earn in interest.
A 64oz jug of quarters and dimes consistantly holds about $350.00. This is a random mix, and yeah, I still cash in my change and call it free money.
if you didnt hhave pennies you could put boundaries on a range of amounts. pennies screw it up, everything else is a geometric progression of a finite series
Hey, farmerman, you gotta formula for that? LOL
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