Sure, let's go through these calculations step by step.
### 2.3.1. Convert R 29568 into USD on 29 January
To determine how much R 29568 is in USD, we need to use the exchange rate provided for January 29.
1. Identify the exchange rate from ZAR to USD.
- The exchange rate on January 29 is 0.065 (i.e., 1 ZAR = 0.065 USD).
2. Use the exchange rate to convert the given amount in ZAR to USD.
- Multiply the amount in ZAR (R 29568) by the exchange rate (0.065).
Let's perform the multiplication:
[tex]\[ \text{USD Amount} = 29568 \times 0.065 \][/tex]
Thus, R 29568 is equivalent to \$1921.92 on January 29.
### 2.3.2. Convert 6139 USD into ZAR on 23 February
Next, we need to convert the given amount in USD to ZAR using the exchange rate provided for February 23.
1. Identify the exchange rate from USD to ZAR.
- The exchange rate on February 23 is 14.93 (i.e., 1 USD = 14.93 ZAR).
2. Use the exchange rate to convert the given amount in USD to ZAR.
- Multiply the amount in USD (6139) by the exchange rate (14.93).
Let's perform the multiplication:
[tex]\[ \text{ZAR Amount} = 6139 \times 14.93 \][/tex]
Thus, 6139 USD is equivalent to R 91655.27 on February 23.
