Question
When exchanging US Dollars (USD) for Philippine Peso (PHP) the number of Philippine Pesos received is directly proportional to the number of US Dollars to
When exchanging US Dollars (USD) for Philippine Peso (PHP) the number of Philippine Pesos received is directly proportional to the number of US Dollars to be exchanged. If 450 USD can be converted into 23,962.95 PHP.
Find the constant of proportionality k.
k =
Using the k from above find the amount of PHP given that you have 700 USD to convert.
you will receive PHP
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Foundations Of Finance
Authors: Arthur J Keown, John D Martin, J William Petty
7th Edition
0133370356, 9780133370355
