In July 1986, a Canadian tourist changed CAN $2500 of her Canadian Travellers’ cheques for Trinidad and Tobago currency. She was
given the following information; Canadian $1.00 =Trinidad and Tobago $2.73 12 cents on the dollar is charged for Tax on all foreign transactions Calculate Trinidad and Tobago currency, i) the value of CAN $2500 ii) the amount of money the Canadian tourist received from the bank after paying taxes
The answer is $5,000.73. Explanation: If one Canadian dollar bill is $1.00 and a Trinidad’s $1.00 is $2.73 then that means if you wanna convert it you have to double the amount including the €73 and you have 2,500 you need to double the amount then add the remaining €73.
Well she would need to determine a time frame from within the water falling out of the tap, and how much water comes out. then she would need to observe how much water came out in that time frame, and how much time it took.
