Final answer:
Melinda has 12 quarters and 10 nickels in her bank, totaling $3.50. By setting up and solving equations based on the values of the coins, we were able to determine the exact number of each type of coin.
Step-by-step explanation:
Little Melinda has nickels and quarters in her bank, with two fewer nickels than quarters. The total amount of money she has is $3.50. To determine how many coins of each type she has, we need to set up equations based on the values of the coins and the given conditions.
Let's define:
Q = number of quarters
N = number of nickels
Since each quarter is worth 25 cents and each nickel is worth 5 cents, we have the following equations:
1. N = Q - 2 (since she has two fewer nickels than quarters)
2. (5 × N) + (25 × Q) = 350 cents (because the total amount is $3.50)
Substitute the first equation into the second to find the number of each coin:
5(Q - 2) + 25Q = 350
5Q - 10 + 25Q = 350
30Q - 10 = 350
30Q = 360
Q = 12
Then, substitute Q = 12 into the first equation to find N:
N = 12 - 2
N = 10
Therefore, Melinda has 12 quarters and 10 nickels.