A client is withdrawing $105.83. He would like $40 in $10 bills and the rest in the fewest number of bills and coins possible. Select the appropriate number of bills and coins to give the client.
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Answer:Step-by-step explanation:The client starts with 105.83 dollarsHe requests 40 of which to be subtracted in denominations of 10, meaning 4 10 dollar bills are being removed.After this he has 65.83 more dollars to withdraw, the next biggest bill denomination is a 50, so lets subtract 50 from our account.Now he is left with 15.83, subtract another 10 dollar bill.That leaves us with 5.83, subtract one 5 dollar bill.Leaving us with 0.83, subtract 3 quartersThat leaves us with 8 cents, lets subtract one nickel, leaving us with 3 cents.Now with those 3 cents we can subtract 3 pennies.Meaning the least amount of denominations required is:1 50-Dollar bill5 10-Dollar bills1 5-Dollar bill3 Quarters1 Nickel3 Pennies