Question
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Assume that at the current exchange rate, the British pound is worth in
American dollars. You have some dollar bills and several British pound coins.
There are 17 items altogether, which have a total value of in American
dollars. How many American dollars and how many British pound coins do you
have?
British pound coins
American dollars

Ask by Kirk Black. in the United States
Mar 26,2025

Upstudy AI Solution

Tutor-Verified Answer

Answer

You have 15 American dollars and 2 British pound coins.

Solution

Let’s denote the number of American dollars as and the number of British pound coins as .
Given:
  1. The British pound is worth in American dollars.
  2. There are 17 items altogether, which have a total value of in American dollars.
We can set up the following system of equations based on the given information:
  1. (Equation 1)
  2. (Equation 2)
Now, we can solve this system of equations to find the values of and .
Solve the system of equations by following steps:
  • step0: Solve using the substitution method:
  • step1: Solve the equation:
  • step2: Substitute the value of
  • step3: Add the terms:
  • step4: Move the constant to the right side:
  • step5: Subtract the numbers:
  • step6: Change the signs:
  • step7: Divide both sides:
  • step8: Divide the numbers:
  • step9: Substitute the value of
  • step10: Calculate:
  • step11: Calculate:
  • step12: Check the solution:
  • step13: Rewrite:

    The solution to the system of equations is and .
Therefore, you have 15 American dollars and 2 British pound coins.

Answered by UpStudy AI and reviewed by a Professional Tutor

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Beyond the Answer

Let’s break it down! To find out how many American dollars and British pound coins you have, we can set up some equations. Let be the number of American dollar bills and be the number of British pound coins. From the information provided, we have two key equations: and (where each British pound coin is worth ). Solving these equations simultaneously will give you the numbers you need.
Alright, let’s look at real-world applications! Understanding currency conversion is super useful for travelers and international business folks! For instance, if you are planning a trip to the UK, knowing the exchange rate helps you budget your expenses better. Plus, recognizing which currency you’re holding can save you from some head-scratching moments when comparing prices!
If you’re ever counting currency, a great tip is to organize by denomination first! When handling mixed currency, separate them into piles. It not only speeds up your counting process but also reduces the chance of mistakes. A common error is confusion between the values—like mistaking smaller bills or coins for higher denominations, especially in unfamiliar currencies! So keep your currencies organized, and you’ll always come out on top!

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