Answer:
$1.01Step-by-step explanation:
Let the number of quarters Matthew has be x.
So, according to the question,
Number of dimes = 2x
Number of nickels = x
Number of penny = 1
Total number of coins = 9
Thus,
x + 2x + x + 1 = 9
4x = 8
So, x = 2
Now, we know that :
1 dime = $0.10
1 quarter = $0.25
1 nickel = $0.05
1 penny = $0.01
Thus, total money Matthew has = 2x($0.10) + x($0.25) + x($0.05) + 1($0.01)
Putting value of x,
Total money = 4($0.10) + 2($0.25) + 2($0.05) + 1($0.01)
= $(0.40 + 0.50 + 0.10 + 0.01)
= $1.01