Day 6 money

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Day 6 money

  1. 1. AIM: Converting Money Do Now Weekly Quiz #19 1
  2. 2. Homework: Pages 286-287#5-9 all, 20-22 all 2
  3. 3. Anticipatory Set1.) Suppose that your familytakes a trip to Paris, France andwhen you get there, you try tobuy a soda. The price of thesoda is 1.16 Euros and you onlyhave US dollars. What shouldyou do? 2.) What is the cost of the soda in US dollars? 3
  4. 4. Proportion for Today Given amount x of money Exchange RateExchange Rate for Given amountfor x of money 4
  5. 5. 5
  6. 6. 6
  7. 7. 7
  8. 8. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73Euro 0.7840British Pound 0.6342Australian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.71751.) Convert 500 US Dollars toCanadian Dollars. 8
  9. 9. Old Rates 9
  10. 10. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73Euro 0.7840British Pound 0.6342Australian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.7175 2.) Convert 1,000 British Pounds to US Dollars. 10
  11. 11. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73Euro 0.7840British Pound 0.6342Australian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.7175 3.) Convert 6,000 Japanese Yen to US Dollars. 11
  12. 12. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73Euro 0.7840British Pound 0.6342Australian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.7175 4.) Convert 10,500 US Dollars to Mexican Pesos. 12
  13. 13. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73Euro 0.7840British Pound 0.6342Australian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.7175 5.) Convert 2,000,000 US Dollars to Euros. 13
  14. 14. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73Euro 0.7840British Pound 0.6342Australian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.7175 6.) Convert 50,000 Australian Dollars to US Dollars. 14
  15. 15. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73Euro 0.7840British Pound 0.6342Australian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.7175 7.) Convert 300,000 US Dollars to Japanese Yen. 15
  16. 16. Would you rather have10,000 US Dollars or10,000 Euros? Explain youranswer. 16
  17. 17. BEFORE YOU LEAVEWhy is it important for people involved with businessto understand how to convert currencies? Dollar to Yen Dollar to Euro 17
  18. 18. Mr. Tjerslands Math 7Homework: Homework Sheet 18

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