Everything Maths Grade 10

He then looks up the current exchange rates and finds the following information:

R 1=0,26 PEN

1 BRL=1,17 PEN

In Peru he spends 2380 PEN. When he converts the remaining Peruvian sol to Brazilian real, how much

money does he have (in Brazilian real)?

39.If the exchange rate to the rand for the Japanese yen is ¥ 100 = R 6,23 and for the Australian dollar is 1

AUD = R 5,11, determine the exchange rate between the Australian dollar and the Japanese yen.

40.Khetang has just been to Europe to work for a few months. He returns to South Africa with € 2850 to

invest in a savings account.

His bank offers him a savings account which pays 5,3% compound interest per annum. The bank converts

Khetang’s Euros to rands at an exchange rate of € 1=R 12,89.

If Khetang invests his money for 6 years, how much interest does he earn on his investment?

For more exercises, visit http://www.everythingmaths.co.za and click on ’Practise Maths’.

1.2GJJ 2.2GJK 3.2GJM 4.2GJN 5.2GJP 6.2GJQ

7.2GJR 8.2GJS 9.2GJT 10.2GJV 11.2GJW 12.2GJX

13a.2GJY 13b.2GJZ 13c.2GK2 14.2GK3 15.2GK4 16.2GK5

17.2GK6 18.2GK7 19.2GK8 20.2GK9 21.2GKB 22.2GKC

23.2GKD 24.2GKF 25.2GKG 26.2GKH 27.2GKJ 28.2GKK

29.2GKM 30.2GKN 31.2GKP 32.2GKQ 33.2GKR 34.2GKS

35.2GKT 36.2GKV 37.2GKW 38.2GKX 39.2GKY 40.2GKZ

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Chapter 9. Finance and growth 353