document.write( "Question 1142462: Arcelor Mittal Dofasco can buy iron ore pellets from Minnesota at US$130 per short ton (2000 pounds) or from Labrador at C$175 per metric tonne (1000 kg). Which source is more expensive and by how much in C$ per metric tonne? (1 pound = 0.4536 kg, C$1.1400 = US$1.00) Weight and currency calculations should be to 4 decimal places; final answer rounded to the nearest cent. \n" ); document.write( "
Algebra.Com's Answer #763165 by Theo(13342)![]() ![]() You can put this solution on YOUR website! exchange rate for C$ to US$ is 1.14 C$ = 1 US$. \n" ); document.write( "price from minnesota is 130 US$ per short ton (2000 pounds). \n" ); document.write( "price from labrador is 175 C$ per metric tonne (1000 kg).\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "1 pound = .4536 kg. \n" ); document.write( "therefore 2000 pounds = .4536 * 2000 = 907.2 kg \n" ); document.write( "1 US$ = 1.14 C$. \n" ); document.write( "therefore 130 US$ = 148.2 C$.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "price from minnesota is 130 US$ per 2000 pounds. \n" ); document.write( "based on the US$ to C$ conversion factor and pound to kg conversion factor, ...... \n" ); document.write( "price from minnesota is 148.2 C$ per 907.2 kg.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "148.2 C$ / 907.2 kg = x C$ / 1000 kg. \n" ); document.write( "solve for x to get x = 148.2 / 907.2 * 1000 = 163.3597884 C$ per 1000 kg.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "1 metric tonne is 1000 kg. \n" ); document.write( "price from labrador is 175 C$ per metric tonne. \n" ); document.write( "price from minnesota is 163.3597884 C$ per metric tonne. \n" ); document.write( "price from labrador is 175 - 163.3597884 = 11.64021164 C$ per metric tonne more expensive = 11.6402 C$ per metric tonne more expensive (rounded to 4 decimal places).\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "that's what i get.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |