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OBJECTIVE:              How do we convert money between
different currencies?



                                         Do Now




                                                          1
2
3
4
Anticipatory Set:
1.) Find, correct, and explain the mistake in the following
currency converting problem.


          Convert 200 Euros to US Dollars.




                     1
                                 0.7840
                    x              200


                     x = 156.8 US Dollars




                                                              5
6
7
8
Proportion for Today


                  Given amount
     x            of money
                 Exchange Rate
Exchange Rate
                 for Given amount
for x
                 of money




                                    9
Currencies            Exchange Rates (as of 5/22/12)

US Dollar             1

Japanese Yen          79.73

Euro

British Pound

Australian Dollar     1.0123

Canadian Dollar       1.0184

Mexican Peso          13.7175




1.) Convert 5,000                      0.7840
                                                       0.6342

 British Pounds to Euros.




                                                                10
SMART Document Camera
Currencies              Exchange Rates (as of 5/22/12)

US Dollar               1

Japanese Yen            79.73

Euro                    0.7840

British Pound           0.6342

Australian Dollar       1.0123

Canadian Dollar         1.0184

Mexican Peso            13.7175




        2.) Convert 1,000
        Japanese Yen to
        Mexican Pesos.




                                                         11
Currencies              Exchange Rates (as of 5/22/12)

US Dollar               1

Japanese Yen            79.73

Euro                    0.7840

British Pound           0.6342

Australian Dollar       1.0123

Canadian Dollar         1.0184

Mexican Peso            13.7175




       3.) Convert 20,000
       Canadian Dollars to
       Australian Dollars.




                                                         12
Currencies             Exchange Rates (as of 5/22/12)

US Dollar              1

Japanese Yen           79.73

Euro                   0.7840

British Pound          0.6342

Australian Dollar      1.0123

Canadian Dollar        1.0184

Mexican Peso           13.7175




       4.) Convert 500,000
       Mexican Pesos to
       Canadian Dollars.




                                                        13
Currencies             Exchange Rates (as of 5/22/12)

US Dollar              1

Japanese Yen           79.73

Euro                   0.7840

British Pound          0.6342

Australian Dollar      1.0123

Canadian Dollar        1.0184

Mexican Peso           13.7175




         5.) Convert 2,500
         Euros to Japanese
         Yen.




                                                        14
Currencies          Exchange Rates (as of 5/22/12)

US Dollar           1

Japanese Yen        79.73

Euro                0.7840

British Pound       0.6342

Australian Dollar   1.0123

Canadian Dollar     1.0184

Mexican Peso        13.7175




   6.) Convert 3,000,000
   Australian Dollars to
   British Pounds.




                                                     15
Currencies              Exchange Rates (as of 5/22/12)

US Dollar               1

Japanese Yen            79.73

Euro                    0.7840

British Pound           0.6342

Australian Dollar       1.0123

Canadian Dollar         1.0184

Mexican Peso            13.7175




       7.) Convert 600,000
       Mexican Pesos to Euros.




                                                         16
BEFORE YOU LEAVE
Explain to a student who was absent for the past two
days how to convert money between different
currencies.




                                                       17
Mr. Tjersland's Math 7




Homework: Homework Sheet




                                 18

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Day 7 money

  • 1. OBJECTIVE: How do we convert money between different currencies? Do Now 1
  • 2. 2
  • 3. 3
  • 4. 4
  • 5. Anticipatory Set: 1.) Find, correct, and explain the mistake in the following currency converting problem. Convert 200 Euros to US Dollars. 1 0.7840 x 200 x = 156.8 US Dollars 5
  • 6. 6
  • 7. 7
  • 8. 8
  • 9. Proportion for Today Given amount x of money Exchange Rate Exchange Rate for Given amount for x of money 9
  • 10. Currencies Exchange Rates (as of 5/22/12) US Dollar 1 Japanese Yen 79.73 Euro British Pound Australian Dollar 1.0123 Canadian Dollar 1.0184 Mexican Peso 13.7175 1.) Convert 5,000 0.7840 0.6342 British Pounds to Euros. 10
  • 11. SMART Document Camera Currencies Exchange Rates (as of 5/22/12) US Dollar 1 Japanese Yen 79.73 Euro 0.7840 British Pound 0.6342 Australian Dollar 1.0123 Canadian Dollar 1.0184 Mexican Peso 13.7175 2.) Convert 1,000 Japanese Yen to Mexican Pesos. 11
  • 12. Currencies Exchange Rates (as of 5/22/12) US Dollar 1 Japanese Yen 79.73 Euro 0.7840 British Pound 0.6342 Australian Dollar 1.0123 Canadian Dollar 1.0184 Mexican Peso 13.7175 3.) Convert 20,000 Canadian Dollars to Australian Dollars. 12
  • 13. Currencies Exchange Rates (as of 5/22/12) US Dollar 1 Japanese Yen 79.73 Euro 0.7840 British Pound 0.6342 Australian Dollar 1.0123 Canadian Dollar 1.0184 Mexican Peso 13.7175 4.) Convert 500,000 Mexican Pesos to Canadian Dollars. 13
  • 14. Currencies Exchange Rates (as of 5/22/12) US Dollar 1 Japanese Yen 79.73 Euro 0.7840 British Pound 0.6342 Australian Dollar 1.0123 Canadian Dollar 1.0184 Mexican Peso 13.7175 5.) Convert 2,500 Euros to Japanese Yen. 14
  • 15. Currencies Exchange Rates (as of 5/22/12) US Dollar 1 Japanese Yen 79.73 Euro 0.7840 British Pound 0.6342 Australian Dollar 1.0123 Canadian Dollar 1.0184 Mexican Peso 13.7175 6.) Convert 3,000,000 Australian Dollars to British Pounds. 15
  • 16. Currencies Exchange Rates (as of 5/22/12) US Dollar 1 Japanese Yen 79.73 Euro 0.7840 British Pound 0.6342 Australian Dollar 1.0123 Canadian Dollar 1.0184 Mexican Peso 13.7175 7.) Convert 600,000 Mexican Pesos to Euros. 16
  • 17. BEFORE YOU LEAVE Explain to a student who was absent for the past two days how to convert money between different currencies. 17
  • 18. Mr. Tjersland's Math 7 Homework: Homework Sheet 18