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Buying With Change - One atta Time

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The table below shows the prices of several items at the school store.
Item Price
eraser$2.55
pen$2.70
pencil$1.60
notepad$2.65
marker$2.40
Dave had $5.00 when he went to the store. If he bought 1 pencil what is the most expensive item he can buy with the money he has left?
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