3CurrencyExchange(Section1.2).notebook October 09, 2012 Using Selling Rate (when you are buying foreign currency): Ex. 1) You are planning to attend Project Help Mexico with the school this year so you can build houses for families in Mexico. The teacher in charge of the trip tells you to bring along approximately 1000 pesos. How much will that cost you in Canadian dollars? http://www.x­rates.com/d/CAD/table.html 1 3CurrencyExchange(Section1.2).notebook October 09, 2012 2 3CurrencyExchange(Section1.2).notebook October 09, 2012 Ray purchased $500 CAD worth of parts from Hungary for use in his garage. If the exchange rate is one Canadian dollar to 180.0779 Hungarian forints (Ft), how many forints will you receive for $500 CAD? 3 3CurrencyExchange(Section1.2).notebook October 09, 2012 If one Canadian dollar is worth 0.5911 British pound , calculate how many pounds you would get for $200 CAD. 4 3CurrencyExchange(Section1.2).notebook October 09, 2012 5 3CurrencyExchange(Section1.2).notebook October 09, 2012 6 3CurrencyExchange(Section1.2).notebook October 09, 2012 7