Get the most out of your questions with the extensive resources available on IDNLearn.com. Our platform is designed to provide quick and accurate answers to any questions you may have.
Sagot :
Unit conversion is a way of converting some common units into another without changing their real value. The amount that is paid by the family in mortgage per month is equal to $1200.
What is Units conversion?
Unit conversion is a way of converting some common units into another without changing their real value. for, example, 1 centimetre is equal to 10 mm, though the real measurement is still the same the units and numerical values have been changed.
As it is given to us that the family uses 12,986.64 Swiss francs per year to pay a mortgage. Therefore, the amount that is paid by the family in mortgage per month can be written as,
[tex]\text{Mortgage for a month} = \dfrac{\text{Mortgage of the family for a complete year}}{\text{Number of Months}}\\\\\\\text{Mortgage for a month} = \dfrac{\rm 12,986.64\ Swiss\ francs}{12} = 1082.22\rm \ Swiss\ francs[/tex]
Thus, the family needs to pay 1082.22 swiss francs every month in the mortgage.
Now, it is mentioned in the problem that 1 Swiss franc = 1.11 US dollars, therefore, 1082.22 swiss francs when converted to US dollars will be equal to,
[tex]\rm 1\ Swiss\ francs = \$1.11 \\\\1082.22\ Swiss\ francs = 1082.22 \times 1.11 = \$1,201.26 \approx \$1,200[/tex]
Hence, the amount that is paid by the family in mortgage per month is equal to $1200.
Learn more about Units conversion:
https://brainly.com/question/4736731
Thank you for using this platform to share and learn. Don't hesitate to keep asking and answering. We value every contribution you make. Discover the answers you need at IDNLearn.com. Thank you for visiting, and we hope to see you again for more solutions.
