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serg [7]
3 years ago
9

You are on vacation in Canada. Canada also uses the dollar for currency. The exchange rate is 1 U.S. Dollar is equal to 1.33 Can

adian dollars. You exchange $175 U.S. For Canadian dollars. How many Canadian dollars will you receive?
Mathematics
1 answer:
lidiya [134]3 years ago
3 0

Answer:

You will receive 232.75 CAD

Step-by-step explanation:

This is an exchange rate question.

we proceed as follows;

The exchange rate according to the question is 1 usd to 1.33 cad

What this means is that when you bring 1 usd you’d be getting 1.33 cad

Now you’re bringing 175 usd, the amount of Cad you’ll be getting will be 175 * 1.33 = 232.75 CAD

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Diana invested $3000 in a savings account for 3 years. She earned $450 in interest over that time period. What interest rate did
In-s [12.5K]
\bf \qquad \textit{Simple Interest Earned}\\\\
I = Prt\qquad 
\begin{cases}
I=\textit{interest earned}\to &\$450\\
P=\textit{original amount deposited}\to& \$3000\\
r=rate\to r\%\to \frac{r}{100}\\
t=years\to &3
\end{cases}
\\\\\\
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\\\\\\
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