The exchange rate between pounds Sterling () and US Dollars ($) is given as 1 = $1.25.

Question:

The exchange rate between pounds Sterling (£) and US Dollars ($) is given as £1 = $1.25.

a. Using the number of dollars as D and the number of pounds as P, write a formula linking P and D.

D = 1.25P

b. Complete the table of results below to convert Pounds to Dollars.

c. Plot a graph of D against P for the table of values in part (b).

d. Use your graph to find an approximate value for the amount of US Dollars you would receive if you exchanged £17.00.

From the graph £17 ≈ $21.20

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cambridge Checkpoint Lower Secondary Mathematics Student's Book 7

ISBN: 9781398301948

3rd Edition

Authors: Frankie Pimentel, Ric Pimentel, Terry Wall

See More Books

Question Posted: Feb 06, 2023 01:13 AM

See More Questions

In an attempt to reduce minor surface instability and maintenance problems on the backslopes of a rural highway, interceptor trench drains are to be installed at the top of the slope of to intercept...
Table 1-3 gives you data on the exchange rate between the U.K. pound and the U.S. dollar (number of U.K. pounds per U.S. dollar) as well as the consumer price indexes in the two countries for the...
As of November 1, 1999, the exchange rate between the Brazilian real and U.S. dollar was R$1.95/$. The consensus forecast for the U.S. and Brazil inflation rates for the next one-year period was 2.6...
We consider and simulate the supply chain under a wholesale price contract. As mentioned, we use a retail price of $10, a unit production cost of $2.50, and a (monthly) demand that is normally...
When a given process is operating properly, the percentage of defectives is 4%. What will be the 3-sigma upper and lower control limits for a p-chart in which each sample consists of 150 items?
What is a gene sequence?
You have collected the following data: If you randomly select one of these 10 numbers, what is the probability the number (X) will be ... a. equal to 4 ? b. equal to 7 ? c. less than 5 ? d. greater...
Consider the following data for the assembly division of Cranberry Watches, Inc., The assembly division uses the weighted- average method of process costing. aDegree of completion: direct materials,...
Figure 1d) Image transcription text 10 4 x )8.500 THRU All grooves are 8.5mm wide J (14.5005 10.000 unless otherwise indicated. 17.000 17.000 TOP VIEW 17.000 All 8.5mm grooves are 11mm deep. SCALE 1...
Forecasting the Pan-Pacific Pyramid: Australia, Japan & The United States What are the current spot exchange rate for the following cross rates? a. Japaness Yen/Us dollar exchange rate b. Japanese...
A childs box of building bricks contains the following numbers of cubes: Eight cubes with dimensions 2 2 2 cm. Sixty cubes with dimensions 1 1 1 cm. Petra wants to build a large 5 5 5 cm cube...
Without using a calculator if possible, work out the following. a. 3 64 b. 3 343 c. 3 216
Find the exact value of the six trigonometric functions of the angle in each figure. 3 4)
On December 31, 2022, Zion Corporation purchased 100% of the outstanding shares of Tella Tulip Inc. for $190,000. At that date, Tella's shareholders' equity consisted of $100,000 in common shares and...
Results of cost estimating are used for a variety of purposes, including the following: Question 20Select one: a. evaluating how much capital can be justified for process changes or other...
Tom is training for a marathon. He started from his house at 4:00 am. At 5:30 am, he was 7.5 miles away from his house. The coordinates (2, 10) on Tom's graph indicate that
the operations manager at GA Electric has asked the controller to decrease provisions for credit losses and record sales revenues for customers once the materials for upcoming jobs have been shipped....
Stackhouse Inc. recently made a loan payment, when the company records the transaction in a tabular analysis, it would include a [ Select ] in the [ Select ] account (i.e. column) and a [ Select ] in...
Discuss whether you think the National Football League (NFL) or Major League Baseball (MLB) is a monopoly.
The registrar of a college with a population of N = 4,000 full-time students is asked by the president to conduct a survey to measure satisfaction with the quality of life on campus. The following...
Implement the procedure in Problem 13.26, and report a p-value? Hypertension A study was conducted in Wales relating blood-pressure and blood-lead levels [46]. It was reported that 4 of 455 men with...
Estimate the OR relating blood pressure to blood lead, and provide a 95% CI about this estimate? Hypertension A study was conducted in Wales relating blood-pressure and blood-lead levels [46]. It was...
Use methods of meta-analysis to assess whether there are differences in nephrotoxicity between each pair of antibiotics. Obtain point estimates and 95% CIs for the OR, and provide a two-sided p-value?
On a private flight with capacity for 150 people, $800,000 per person is charged, plus $25,000 for each unsold seat on the plane. How many people must travel on the plane and what will be the price...
Problem 4. Consider the following imperfect information game. Notice that both play- ers have two information sets. 5,2 1 a b 2 t 1 d d 4,3 6.0 4,6 0,4 6,0 (a) Find all subgame perfect Nash...
8. Two dice are rolled. Let A represent rolling a sum greater than 7. Let B represent rolling a sum that is a multiple of 3. Determine n(AB). A. 5 B. 8 C. 12 D. 15 Long Answer: Show all work for the...

The exchange rate between pounds Sterling () and US Dollars ($) is given as 1 = $1.25.

Question:

PD 0 1 5 10 20 P D 0 0 1 1.25 5 6.25 10 12.50 20 25

Step by Step Answer:

We need write a formula linking P and D It is given that 1 125 or 1 08 So based on this assumed ...View the full answer

Cambridge Checkpoint Lower Secondary Mathematics Student's Book 7

Students also viewed these Mathematics questions