Question

The exchange rate for converting units of currency X (x) to units of currency Y (y) was y = 1.05x.

Answer 1

a) For 900 units of currency X, at an exchange rate of y = 1.05x, you could get 945 of currency Y.

b) The inverse function is x is 0.9524y and it represents the conversion of units of currency Y to units of currency X.

c) For 46 units of currency Y, at the exchange rate of x = 0.9524y, you could get 43.81 of currency X.

What is an exchange rate?

An exchange rate is a value that a currency has with another.

The exchange rate shows the proportion or ratio at which two currencies are exchanged.

Data and Calculations:

The exchange rate of X (x) to Y 9y) is y = 1.05x.

For 900 units of currency X, you could get 945 of currency Y (1.05 x 900)

The inverse function is x = 0.9524y (900/945)y

For 46 units of currency Y, you could get = 43.81 of currency X (0.9524 x 46).

Learn more about exchange rates at brainly.com/question/4711402

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