Currency Conversion in Hobbit Land

  • Thread starter Natasha1
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I'll do it next time.In summary, the conversation discusses the use of nicks, nacks, and nocks as currency in Hobbit Land. The equations for converting between these currencies are given, and three questions are asked about converting between them. The first two questions are answered correctly, while the third question was corrected due to a typo. The use of dimensional analysis is recommended to solve the third question.
  • #1
Natasha1
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Homework Statement


In Hobbit Land, they use nicks, nacks and nocks for currency.

Homework Equations


3 nicks = 2 nacks
5 nacks = 4 nocks
7 nocks = 6 nucks

The Attempt at a Solution


How many nacks make 60 nicks? I got 40
How many nicks make 80 nocks? I got 150
How many nicks make 240 nucks? I got 525

Am I correct?
 
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  • #2
The first two are correct. There seems to be a typo in the third.
 
  • #3
yes typo corrected. Is the third correct?
 
  • #4
Yes.
 
  • #5
3 nicks is 2 nacks:

##\frac{2}{3} \frac{nacks}{nicks}##

Use dimensional analysis:

##(\frac{2}{3} \frac{nacks}{nicks})(60 nicks)##

I'll let you correct yourself!
 
  • #6
Thank you everyone, I have understood
 
  • #7
Samy_A said:
The first two are correct. There seems to be a typo in the third.
@Samy_A ,
This is one reason why some of us old-timers here at PF use the "Reply" button, especially when responding to the Original Post.
 
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Likes Samy_A
  • #8
Natasha1 said:

The Attempt at a Solution


How many nacks make 60 nicks? I got 40
How many nicks make 80 nocks? I got 150
How many nicks make 240 nucks? I got 525

Am I correct?
In future posts, please show your work in reaching a solution. Just showing us the answer you got doesn't help us show your where you might have made a mistake.
 
  • #9
ok
 

FAQ: Currency Conversion in Hobbit Land

How is currency conversion determined in Hobbit Land?

In Hobbit Land, currency conversion is determined by the current exchange rate between the local currency and the currency of the foreign country. This rate is set by the government and can fluctuate based on economic factors.

Are there any fees associated with currency conversion in Hobbit Land?

There may be fees associated with currency conversion in Hobbit Land, depending on the method of conversion. Banks and currency exchange offices may charge a fee for converting currency, while some merchants may offer free conversion services.

Can I use my credit or debit card for currency conversion in Hobbit Land?

Yes, most credit and debit cards are accepted for currency conversion in Hobbit Land. However, be sure to inform your bank or credit card company of your travel plans to avoid any issues with international transactions.

Is it better to exchange currency before arriving in Hobbit Land or upon arrival?

This ultimately depends on personal preference and the current exchange rate. It may be beneficial to exchange a small amount of currency before arriving to have some local currency on hand, but it may be more cost-effective to wait until arrival and use a local currency exchange office.

Are there any restrictions on the amount of local currency I can bring into or take out of Hobbit Land?

There may be restrictions on the amount of local currency that can be brought into or taken out of Hobbit Land. It is important to check with the local government or your bank for any limitations or regulations before traveling.

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