Directions for questions 62 and 64: Substitute different digits (0, 1, 2, ... 9) for different letters in the problem below, so that the corresponding addition is correct and it results in the maximum possible value of MONEY.
| P | A | Y | ||
| M | E | |||
| R | E | A | L | |
| M | O | N | E | Y |
This grid represents the addition PAY + ME + REAL = MONEY, where each letter stands for exactly one digit and no two letters share the same digit.
The letter 'Y' should be:
This is a cryptarithm, PAY + ME + REAL = MONEY, where each letter is a different digit from 0 to 9, and we want the digit that Y must take in the arrangement that gives the biggest possible value of MONEY.
Since PAY, ME and REAL together can add up to a little over 11000 at most, the sum MONEY, a 5-digit number, can only start with M = 1.
Looking at the units place, Y + E + L must end in Y again, which is only possible if E + L = 10, carrying a 1 into the tens place.
Looking at the tens place, A + M + A plus the carried 1 must produce the digit E, with another carry of 1 going into the hundreds place. With M = 1, this gives $2A + 2 = E + 10$, so $2A = E + 8$.
Looking at the hundreds place, P + E plus the carried 1 gives the digit N.
Trying the different values that satisfy $2A = E + 8$ while keeping every letter a distinct digit, the choice E = 2 is the one that lets every remaining letter be filled in with a different digit and produces the largest possible MONEY. This gives A = 5, since $2A = 10$, and L = 8, since $E + L = 10$. Filling in the rest of the letters so that all nine are distinct gives P = 3, R = 4, O = 9 and N = 6, making MONEY = 19627.
Let's summarize:
So in this maximum arrangement, the letter Y takes the digit 7.