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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  4. 4. Anticipatory Set:1.) Find, correct, and explain the mistake in the followingcurrency converting problem. Convert 200 Euros to US Dollars. 200 x 0.6403 1 x = 128.06 US Dollars 4
  5. 5. Proportion for Today Given amount x of moneyExchange Rate Exchange Ratefor Given amount for xof money 5
  6. 6. Currencies Exchange Rates (as of 5/19/11) US Dollar 1 Japanese Yen 81.89 Euro British Pound Australian Dollar 0.9388 Canadian Dollar 0.9676 Mexican Peso 11.67 5,0001.) Convert 5,000 0.6179 0.7020 British Pounds to Euros. 6
  7. 7. Currencies Exchange Rates (as of 5/19/11) US Dollar 1 Japanese Yen Euro 0.7020 British Pound 0.6179Australian Dollar 0.9388Canadian Dollar 0.9676 Mexican Peso 1,000 2.) Convert 1,000 81.89 11.67 Japanese Yen to Mexican Pesos. 7
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  9. 9. Currencies Exchange Rates (as of 5/19/11) US Dollar 1 Japanese Yen 81.89 Euro 0.7020 British Pound 0.6179Australian Dollar 0.9388Canadian Dollar 0.9676 Mexican Peso 11.67 3.) Convert 20,000 Canadian Dollars to Australian Dollars. 9
  10. 10. Currencies Exchange Rates (as of 5/19/11) US Dollar 1 Japanese Yen 81.89 Euro 0.7020 British Pound 0.6179Australian Dollar 0.9388Canadian Dollar 0.9676 Mexican Peso 11.674.) Convert 500,000Mexican Pesos toCanadian Dollars. 10
  11. 11. Currencies Exchange Rates (as of 5/19/11) US Dollar 1 Japanese Yen 81.89 Euro 0.7020 British Pound 0.6179Australian Dollar 0.9388Canadian Dollar 0.9676 Mexican Peso 11.67 5.) Convert 2,500 Euros to Japanese Yen. 11
  12. 12. Currencies Exchange Rates (as of 5/19/11) US Dollar 1 Japanese Yen 81.89 Euro 0.7020 British Pound 0.6179Australian Dollar 0.9388Canadian Dollar 0.9676 Mexican Peso 11.67 6.) Convert 3,000,000 Australian Dollars to British Pounds. 12
  13. 13. Currencies Exchange Rates (as of 5/19/11) US Dollar 1 Japanese Yen 81.89 Euro 0.7020 British Pound 0.6179Australian Dollar 0.9388Canadian Dollar 0.9676 Mexican Peso 11.67 7.) Convert 600,000 Mexican Pesos to Euros. 13
  14. 14. BEFORE YOU LEAVEExplain to a student who was absent for the past twodays how to convert money between differentcurrencies. 14
  15. 15. Mr. Tjerslands Math 7Homework: Homework Sheet 15

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