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2 years ago

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Mary has $311.75 to convert into yen. the currency exchange she is using charges a surcharge of 6% when converting currency. abo

ut how many more yen will mary receive if she makes her trade on the day with the most favorable exchange rate than if she makes her trade on the day with the least favorable exchange rate? a. ¥1,125 b. ¥1,513 c. ¥1,609 d. ¥1,706

1 answer:

Leona [35]2 years ago

6 0

Mary will receive 1512.4931 more Yen if she makes her trade on the day with the most favorable exchange rate than that of the least favorable exchange rate.

<h3>What is the exchange rate?</h3>

It is the factor by which currency conversion of two countries is done.

The most Favorable day is Friday because the exchange rate on Friday is the highest.

So, Mary will receive on Friday= 311.75 x 92.7120 x 94/100

Mary will receive on Friday(a)=27168.788 Yen

The least Favorable day is Wednesday because the exchange rate on Wednesday is the least.

So, Mary will receive on Wednesday= 311.75 x 87.5507 x 94/100

So, Mary will receive on Wednesday(b)= 25,656.2949 Yen

Difference between (a) and (b) = 1512.4931 Yen

Hence, Mary will receive 1512.4931 more Yen if she makes her trade on the day with the most favorable exchange rate than if she makes her trade on the day with the least favorable exchange rate.

To get more about the exchange rate visit:

brainly.com/question/1366402

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<h2>Hello!</h2>

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<h2>Why?</h2>

Exponential decay calculations are commonly used to find the decrease of amounts of populations, bacterias, and other situations when using proportional relationships. In order to find the problem, we must remember the equation used to calculate the exponential decay.

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Calculating the rate of decrease, we have:

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Therefore, the rate of decrease is 0.25 or 25% (after multiplying the number by 100)

Then, substituting the given information and the rate of decrease into the decay equation, we have:

$Decay=200(1-0.25)^{\frac{t}{5}}$

Now, to calculate how many bacteria will remain after 7 minutes, we need to substitute it into the decay equation:

$Bacteria(After7Minutes)=200(1-0.25)^{\frac{7}{5}}=133.69$

So, rounding to the nearest whole number, there will remain a total of 134 bacteria after 7 minutes.

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