SOLUTION: Pamela works at the stock exchange buying and selling shares for different international and local companies on behalf of her client. She needs to be able to convert quickly from o
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Question 150105: Pamela works at the stock exchange buying and selling shares for different international and local companies on behalf of her client. She needs to be able to convert quickly from one currency to another, and uses either a calculator or a linear graph to obtain her information.
If $20 in Australian currency converts to $10.50 in American (or US) currency, draw up a graph showing the relationship between the two currencies. (Hint: What is $A0.00 equivalent to in $US?) Answer by stanbon(75887) (Show Source):
You can put this solution on YOUR website! If $20 in Australian currency converts to $10.50 in American (or US) currency, draw up a graph showing the relationship between the two currencies. (Hint: What is $A0.00 equivalent to in $US?)
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You have two points: (0,0) and (A20,10.5)
Plot the two points and draw a line thru them.
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slope = 10.5/20 = 0.525
intercept = 0
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The horizontal axis is Australian value; the vertical is US.
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Cheers,
Stan H.
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