Question

The exchange rate for converting units of currency X (x) to units of currency Y (y) was y = 1.05x.
(a) How many units of currency Y could you get for 900 units of currency X?
(b) What is the inverse function, and what conversion does it represent?
(c) How many units of currency X could you get for 46 units of currency Y?
(a) For 900 units of currency X, you could get
(Round to the nearest hundredth as needed.)
www.
(c) For 46 units of currency Y, you could get
(Round to the nearest hundredth as needed.)
units of currency Y.
(b) The inverse function is
(Simplify your answer. Type an equation. Use integers or fractions for any numbers in the expression.)
The inverse function represents the conversion of units of currency
to units of currency
units of currency X.

Answer 1

a) For 900 units of currency X, at an exchange rate of y = 1.05x, you could get 945 of currency Y.

b) The inverse function is x is 0.9524y and it represents the exchange rate of Y (y) to Currency X (x).

c) For 46 units of currency Y, at the exchange rate of x = 0.9524y, you could get 43.81 of currency X.

What is an exchange rate?

An exchange rate is a rate at which two currencies are exchanged.

The exchange rate shows the proportion or ratio of one currency to another and their value relationship based on the purchasing parity.

Data and Calculations:

The exchange rate of X (x) to Y 9y) is y = 1.05x.

For 900 units of currency X, you could get 945 of currency Y (1.05 x 900)

The inverse function is x = 0.9524y (900/945)y

For 46 units of currency Y, you could get = 43.81 of currency X (0.9524 x 46).

Learn more about exchange rates at https://brainly.com/question/2202418

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