If we let Q be the number of quarters and N be number of nickels, this is the formula we would use:
[1] 25Q + 5N = 635 (using cents instead of dollars)
We also know something about Q and N.
[2] Q + N = 51
So multiply both sides of the second equation by 5. The reason we do this is because we're going to need to cancel out one of the variables (either Q or N) to solve for the other one. If we multiply times 5, we'll have 5N in both equations.
5Q + 5N = 255
Now we have two equations, and the second one can be subtracted from the first.
25Q + 5N = 635
-(5Q + 5N) = -255
---------------------
20Q = 380
so
Q = 19
There are 19 quarters.
And since there are 51 coins in all, 51-19 = 32 nickels.
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Answer:
$1,179
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, lets change 2.6% into a decimal:
2.6% -> 
-> 0.026
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:
The account balance after 10 years will be $1,179
6.75 is the absolute value of 6.75 absolute value is distance from zero and 6.75 is 6.75 from 0 so is -6.75
