Q1. Jake returns from Australia with 4300 Australian dollars. He changes them ba

Question

Q1. Jake returns from Australia with 4300 Australian dollars. He changes them back to UK £. How much does he get back? See the exchange rate chart above.

Q2. Ameer wanted to buy a truck that costs £12500 in the UK. The same car costs €13798 Euros in. Where is the truck cheapest? How much Cheaper is it? What advice do you have for Ameer? See the exchange rate chart above.

Q3. Maryam saves $150 per week for 18 weeks for spending money for her holiday. She exchanges US dollars for AUD. How many Australian dollar does she get? See the exchange rate chart above.

Use this exchange rate chart 1 0.76743 1.25073 0.85819 1.26434 1.30305 1 1.62976 1.11826 1.64750 0.686151.01088 147327 1 0.79954 0.61359 1 1.16525 0.89424 1.45740 1 0.79093 0.60698 0.98923 0.678761

Explanation / Answer

Q1) australian dollars jack has a= 4300

1 australian dollar = .60698 GB pound

The amount jack gets = 4300 x 0.60698 = 2610.014 GBP.

Q2) Ameer wants to buy a truck costs A = 12500 GBP

converting them into a same denomination , say euros ( 1 GBP = 1.11826 euros)

cost of truck in euros = 12500 x 1.11826 = 13,978.25 euros

cost of car in euros = 13798

so the truck is cheapest in europe which is 13798 euros

The car/ truck is cheap by 180 euros in europe. So Ameer is advised to but it in euro.

Q3) Maryam saves $150 per week for 18 weeks,

Total number of US dollars she saves = $150 x 18 = 2700 $

1 USD = 1.26434 aus dollar

Australian dollar she gets = 2700 x 1.26434 = 3413.718 austalian dollar

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