Answer :
48 quarters is $12
5 nickels is .25
5 pennies is .5
the total is $12.30
5 nickels is .25
5 pennies is .5
the total is $12.30
[tex]x-number\ of\ each\ coin\ type\\ \\0.01+0.25+0.05=0.31\\ \\ 12.30:0.31=39.6774193548\\ \\I\ think\ it \ should\ be\ \ \ \ \$12.40\\ \\12.40:0.31=40\ \ \ \Rightarrow\ \ \ 40\cdot3=120\\ \\Ans.\ Michelle\ have\ in\ her\ purse\ 120\ coins .[/tex]