Currency Conversions Thursday, September 12 th Friday, September 13 th.

Currency ConversionsThursday, September 12th

Friday, September 13th

Warm UpConvert the following measurements-

• 7. 5 decimal foot to meters

• 3.8 tons (imperial) to ounces

• 5 hours 32 minutes 7 seconds to SECONDS

• 54o F to Celsius

Have you ever seen a table like this before? Maybe online or in a newspaper?

Why in the WORLD do I need to learn this?

THE REAL HUSTLE

WATCH THIS!

Examples 1 & 2A bank exchanges1 British Pound

(GBD) for 1.9 Australian dollars (AUD). Convert:

1 GBP =1.9 AUD

• 40 GBP to AUD

• 500 AUD to GBP

Example 3

• Convert 2000 Chinese yuan to Japanese yen

Examples 4 & 5

http://www.xe.com/currencytables/?from=USD&date=2013-09-10

Examples 6, 7, & 8

Example 9**

Example 10-Fixed Commission

Travelers Checks

Example 11

Activity

• Get in groups of 2-3

• Fill in the charts and answer the questions about Mr. Dollabill’s trip around the world.

• When done complete the potential test questions

Warm Up-21) A currency exchange service exchanges 1

Chinese yuan to Indian rupees with a buy rate 6.7031 and sell rate 5.84231. Bob wishes to exchange 580 yuan for rupees.

• How much will he receive?

• If he immediately exchanges the rupees back to yuan, how many will he get?

• What is the resultant commission for the double transaction?

Find a partner!

We are going to the 702 COMPUTER LAB

You will find the CURRENT exchange rates for the US Dollar.

You will then research the history of the US dollar value, and graph.

Due at the end of the day for a QUIZ GRADE!

HOMEWORK

Edition 1Pg.422-423 # 1-5Pg. 424 #1-6Pg. 425-426 #1-4Pg. 426 #1