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# Day 7 money

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### Day 7 money

1. 1. OBJECTIVE: How do we convert money betweendifferent currencies? Do Now 1
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5. 5. Anticipatory Set:1.) Find, correct, and explain the mistake in the followingcurrency converting problem. Convert 200 Euros to US Dollars. 1 0.7840 x 200 x = 156.8 US Dollars 5
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9. 9. Proportion for Today Given amount x of money Exchange RateExchange Rate for Given amountfor x of money 9
10. 10. Currencies Exchange Rates (as of 5/22/12)US Dollar 1Japanese Yen 79.73EuroBritish PoundAustralian Dollar 1.0123Canadian Dollar 1.0184Mexican Peso 13.71751.) Convert 5,000 0.7840 0.6342 British Pounds to Euros. 10
11. 11. SMART Document CameraCurrencies 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 Japanese Yen to Mexican Pesos. 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 3.) Convert 20,000 Canadian Dollars to Australian Dollars. 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 4.) Convert 500,000 Mexican Pesos to Canadian Dollars. 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 5.) Convert 2,500 Euros to Japanese Yen. 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 6.) Convert 3,000,000 Australian Dollars to British Pounds. 15
16. 16. 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 600,000 Mexican Pesos to Euros. 16
17. 17. BEFORE YOU LEAVEExplain to a student who was absent for the past twodays how to convert money between differentcurrencies. 17
18. 18. Mr. Tjerslands Math 7Homework: Homework Sheet 18