Interview

Finance Grade 9 Notes

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Course
Mathematics

Institution
9th Grade

A document explaining finance for all grade 9 students. There are notes on the topic; all the different questions they could ask you. There are worked examples as well as questions and a memo so you can practice by yourself.

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Uploaded on November 15, 2022
Number of pages 13
Written in 2022/2023
Type Interview
Company Unknown
Person Unknown

Institution 9th Grade
Course Mathematics
Schooljaar 200

Finance
• •
This IS an important section for life

out of school attention to make
so
pay
• °
sure you know how to handle your money

Exchange Rates :

-

family
'
a lives Europe and
in are
visiting
South

and
Africa

spend
for

£50 .
holiday They go
how
.

many Rands
out

did
for

th
dinner

spend
Bag
if 1217.66 :-[ I ?
the
exchange rate is

Step 1 : write the
exchange rate down

step 2 :
put the value that you have underneath
1217.66
, :> £1 the correct & x under the value
currency
Roc : R 50 for
we are
looking .

Step 3: cross
multiply your values

50 ✗ 17,66 = I JC
Step 4: solve like normal equation .

✗ = R 883
D

, Example :

Rt :$ 0,56 $1 :-[ 1,02 Rt : £17.56

Find
exchange rate of :

1 1250 → $ ?

2 £15 → $ ?

3 $27 = R ?
4 $147 = £ ?

-

memo :

1. £50 → $? 3 . $27 → R ?

f- 1.02
<
= $1
>
Rt
t
:
$0,56
o
50 = x x : 27

1,023C = I ✗ 50 27×1 =
0,562C

1,02 ✗ = 50 ✗ = 1248,21

x =
$49.02

4. $147 →
f- ?

2. f- 15 → $ ?

f- 1,02 : $1 $1 ☐
=
f- 1,02
s > p

f- 15 X 147 7C

15×1 = 1,022 X = 1,02 ✗ 147

15 = 1,02 ×
=
£149.94
1,02 1,02

x -
_
$14,7

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