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97. Foreign money. Each country has a system of money. Foreign travel and commerce and our reading about the affairs of other countries make it useful to know something about foreign money.

Here are given the values in United States money of the principal units of value in certain foreign countries :

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12 pence

20 shillings

In French money,

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100 centimes (c.) = 1 franc (fr.) In German money, 100 pfennige =1 mark (M.)

Exercise 95

In the first 13 exercises use the approximate equivalents. 1. Find the value in United States money of £2; £1000; 1s. ; 5s.; 1d.; 6d. ; £50; 10s.; £200.

2. Find the value in United States money of 10 fr.; 5 fr.; 50 c.; 2 fr. 50 c.; 1000 fr.; 10 c.; 800 fr.

3. Find the value in United States money of 10 M.; 4 M.; 40 pf.; 8 M. 50 pf.; 1000 M.; 10 pf.; 200 M.

4. Express in French money: $1; 10; 25¢; 60¢ ; $10; $1000.

5. Express in English money: $25; 75¢; $1000; 24; 1; $2.50; $400.

6. Express in German money: $1; $10; 50; 10¢; 1; $1000; $50; 25¢; $400.

7. A tourist paid 3 fr. 50 c. for luncheon and gave the waiter 50 c. What was the total cost in United States money?

8. What change should be received from a 10-franc piece which is given in payment for articles costing 2 fr. 20 c., 1 fr. 50 c., and 3 fr. 80 c.?

9. What change should be received from a 5-pound note when given in payment for a hat costing 10s., and 6 shirts costing 7s. 6d. each?

10. A panama hat bought in Munich cost 13 M. That is how much in our money?

11. One dollar of our money is equivalent to about how much in English money? In French money? In German money?

12. The United States lent England at one time $400,000,000. That is about how many pounds?

13. If you had $150 changed into Mexican money, about how many pesos should you get? About how many dollars should be received for 625 pesos?

In the following problems use the exact equivalents.

14. On July 8, 1915, the Continental and Commercial National Bank of Chicago offered to pay the following amounts for foreign currency: English, $4.73 for £1; French, $17.75 for 100 fr.; German, $18.75 for 100 M.; Canadian, $.99. Find how much below the normal value, as given in the table, each of these is. Each is what per cent below normal value?

15. On October 31, 1917, there could be bought in New York for $4.7525 a draft on London for £1. That is what per cent below normal value?

16. On the same day there could be bought for $1 a draft on Paris for 5.73 fr. What was the cost of 1 fr.? That is what per cent below normal value?

17. An importer gets a bill of goods from France for 2560 fr. Find the cost in our money.

18. Using the exact equivalent, find the answer to exercise 12 to the nearest penny.

19. Some books imported from England cost £6 8s. That is how much in our money?

20. Find the cost in United States money of a bill for 7960 pesos.

21. Before the World War the postage rate on an ordinary letter was in the United States 24, in England 1d., in France 10 c., and in Germany 10 pfennige. Express each of these in cents, correct to .001¢, and arrange in order of size. Find in dollars and cents the postage on 1000 letters in each country, correct to 1.

22. An express check calls for $10. What should it call for in English, French, and German money?

23. The distance from Southampton to London is 79 miles, and the railroad fares are as follows: 1st class, 13s.; 2d class, 8s. 6d. ; 3d class, 6s. 6d. Find the rates per mile in United States money, correct to .1¢.

24. The distance from Ostend to Brussels is 125 kilometers, and the railroad fares are as follows: 1st class, 11 fr. 80 c.; 2d class, 8 fr.; 3d class, 4 fr. 75 c. Find the rates per mile in United States money, correct to .1¢. The franc and centime have the same values in Belgium as in France.

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15.-10. 16. 12-25

17. State two ways of multiplying a fraction by an integer. 18. Multiply each of the following fractions by 3 and give the results in their lowest terms: 3, 4, 5, 3, 10, 12, 3. 19. State two ways for dividing a fraction by an integer.

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20. Divide each of the following fractions by 4 and give the answers in their lowest terms: §, 13, 4, §, 1, 3, 4, 24, 18. 응, 움,,

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21. Give the following products in their lowest terms:

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22. Give the following quotients in their lowest terms:

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Exercise 97. Decimals

1. Reduce each of the following to an equivalent common fraction in its lowest terms: .6, .05, .25, .75, .33, .66, .371, .871, .121, .6, .8, .831.

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8. Find the following products: (a) .05 X.7; (b) 60× .03; (c) 100 X.0; (d) 10×4.00.

9. Find the following quotients: (a) .001÷.01; (b) 10 .01; (c) 30.05; (d) .06÷200; (e) ÷.02; (f) ÷.0; (g) 급÷100.

10. State a short method of multiplying by 25; by 50; by 331.

11. Multiply each of the following numbers by 25: 24, 360, 500, 42, 12, 35, 23.

12. Multiply each of the numbers in the preceding exercise by 331; by 75.

13. Reduce each of the following to hundredths:,,, 3, 7, 12, 1, 1, 1, fo, t, t, t, §. 3, 3,

14. Find the circumference of a circle whose diameter is 15 ft. 4 in., correct to .1 in.

15. The area of a rectangle is 27.56 sq. ft., and the width is 4 ft. 2 in. Find the length correct to .1 in.

16. А=πr2+πrl. Find A, correct to .01, Find A, correct to .01, when r=3.5 and 1=7.2. This is the formula for the total area of a cone the radius of whose base is r and whose slant height is 1.

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