April 7th, 2015
Today's Question - It's in the bag - An eccentric trader took his $1,000 bonus to the bank. He asked the teller to place the dollars in a series of sealed bags so that he could later ask for any amount from 1 to 1,000 and get it without opening any bag. What is the smallest number of bags he would need and what amounts would in each bag?
Reveal Answer
Corner Answer - The highest price not payable exactly in any combination of 7 cent and 11 cent pieces is 59 cents. (Space precludes the extended SFI explanation.)Doesn't match Missing info Like question