Convert 25,976.87 Zambian kwacha to US dollars and 1,345 Ghanaian cedi to South African rand, using provided…

Question

Convert 25,976.87 Zambian kwacha to US dollars and 1,345 Ghanaian cedi to South African rand, using provided exchange rates.

ScanSolve AI Tutor · Accepted Answer

The information required to answer questions 2.1.1 and 2.1.2 (a list of currencies and their exchange rates) is not provided in the image.

2.1.3:
Thabo's accommodation in Zambia costs 25 976, 87 kwacha. Convert this amount to US$.

Assumption: We will use the approximate exchange rate of 1 US dollar = 25.00 Zambian Kwacha (ZMW).

Determine the value of 1 ZMW in US dollars.
$1 \text{ ZMW} = \frac{1}{25.00} \text{ US\$}$ $1 \text{ ZMW} = 0.04 \text{ US\$}$
Convert the total kwacha amount to US dollars.
$\text{Amount in US\$} = 25976.87 \text{ ZMW} \times 0.04 \frac{\text{US\$}}{\text{ZMW}}$ $\text{Amount in US\$} = 1039.0748 \text{ US\$}$
Round to two decimal places for currency.
$\text{Amount in US\$} \approx 1039.07 \text{ US\$}$ The value of Thabo's accommodation in US dollars is \boxed{\text{1039.07 US\}}$.

2.1.4:
Thabo bought goods in Ghana to the value of 1 345 cedi. Calculate the value, in rand, of the goods Thabo had to bought.

Assumption: We will use the approximate exchange rate of 1 Ghanaian Cedi (GHS) = 1.80 South African Rand (ZAR).
Convert the cedi amount to rand.
$\text{Amount in ZAR} = 1345 \text{ GHS} \times 1.80 \frac{\text{ZAR}}{\text{GHS}}$ $\text{Amount in ZAR} = 2421 \text{ ZAR}$
The value of the goods in rand is $\boxed{\text{2421 ZAR}}$ .

Convert 25,976.87 Zambian kwacha to US dollars and 1,345 Ghanaian cedi to South African rand, using provided exchange rates.