Day 7 money

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Day 7 money

  1. 1. OBJECTIVE: How do we convert money between different currencies? Do Now 1
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  4. 4. Anticipatory Set: 1.) Find, correct, and explain the mistake in the following currency converting problem. Convert 200 Euros to US Dollars. 0.6403 1 x 200 x = 128.06 US Dollars 4
  5. 5. Proportion for Today Given amount x of money Exchange Rate Exchange Rate for Given amount for x of money 5
  6. 6. Currencies Exchange Rates (as of 5/10/10) US Dollar 1 Japanese Yen 92.453 Euro 0.7846 British Pound 0.681 Australian Dollar 1.1255 Canadian Dollar 1.038 Mexican Peso 12.921 5,000 1.) Convert 5,000 0.7846 0.681 British Pounds to Euros. 6
  7. 7. Currencies Exchange Rates (as of 5/10/10) US Dollar 1 Japanese Yen 92.453 Euro 0.7846 British Pound 0.681 Australian Dollar 1.1255 Canadian Dollar 1.038 Mexican Peso 12.921 1,000 2.) Convert 1,000 12.921 92.453 Japanese Yen to Mexican Pesos. 7
  8. 8. Currencies Exchange Rates (as of 5/10/10) US Dollar 1 Japanese Yen 92.453 Euro 0.7846 British Pound 0.681 Australian Dollar 1.1255 Canadian Dollar 1.038 Mexican Peso 12.921 20,000 3.) Convert 20,000 1.1255 1.038 Canadian Dollars to Australian Dollars. 8
  9. 9. Currencies Exchange Rates (as of 5/10/10) US Dollar 1 Japanese Yen 92.453 Euro 0.7846 British Pound 0.681 Australian Dollar 1.1255 Canadian Dollar 1.038 Mexican Peso 12.921 500,000 4.) Convert 500,000 1.038 12.921 Mexican Pesos to Canadian Dollars. 9
  10. 10. Currencies Exchange Rates (as of 5/10/10) US Dollar 1 Japanese Yen 92.453 Euro 0.7846 British Pound 0.681 Australian Dollar 1.1255 Canadian Dollar 1.038 Mexican Peso 12.921 2,500 5.) Convert 2,500 92.453 0.7846 Euros to Japanese Yen. 10
  11. 11. Currencies Exchange Rates (as of 5/10/10) US Dollar 1 Japanese Yen 92.453 Euro 0.7846 British Pound 0.681 Australian Dollar 1.1255 Canadian Dollar 1.038 Mexican Peso 12.921 3,000,000 6.) Convert 3,000,000 1.1255 0.681 Australian Dollars to British Pounds. 11
  12. 12. Currencies Exchange Rates (as of 5/10/10) US Dollar 1 Japanese Yen 92.453 Euro 0.7846 British Pound 0.681 Australian Dollar 1.1255 Canadian Dollar 1.038 Mexican Peso 12.921 600,000 12.921 7.) Convert 600,000 0.7846 Mexican Pesos to Euros. 12
  13. 13. BEFORE YOU LEAVE Explain to a student who was absent for the past two days how to convert money between different currencies. 13
  14. 14. Mr. Tjersland's Math 7 Homework: Homework Sheet 14

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