Bitcoin was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper. It’s an appealingly simple concept: bitcoin is digital money that allows for secure peer-to-peer transactions on the internet. One bitcoin is equivalent to approximately $53,800 and you can buy a fraction of a Bitcoin. If you won a basket at an action that had different currency, what fraction of a bitcoin could you purchase? You won 300 Euros, 200 Yen and 400 Kuwaiti Dinar. If one Euro is $1.20, 5 Kuwaiti Dinar is $16.60, and $1 is 108.92 Yen what fraction of the bitcoin can you buy? Show your work and use these values not conversions on the internet
Bitcoin was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper. It’s an appealingly simple concept: bitcoin is digital money that allows for secure peer-to-peer transactions on the internet. One bitcoin is equivalent to approximately $53,800 and you can buy a fraction of a Bitcoin. If you won a basket at an action that had different currency, what fraction of a bitcoin could you purchase? You won 300 Euros, 200 Yen and 400 Kuwaiti Dinar. If one Euro is $1.20, 5 Kuwaiti Dinar is $16.60, and $1 is 108.92 Yen what fraction of the bitcoin can you buy? Show your work and use these values not conversions on the internet
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Bitcoin was created by Satoshi Nakamoto, a pseudonymous person or team who outlined the technology in a 2008 white paper. It’s an appealingly simple concept: bitcoin is digital money that allows for secure peer-to-peer transactions on the internet. One bitcoin is equivalent to approximately $53,800 and you can buy a fraction of a Bitcoin. If you won a basket at an action that had different currency, what fraction of a bitcoin could you purchase? You won 300 Euros, 200 Yen and 400 Kuwaiti Dinar. If one Euro is $1.20, 5 Kuwaiti Dinar is $16.60, and $1 is 108.92 Yen what fraction of the bitcoin can you buy? Show your work and use these values not conversions on the internet.
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So if i won a basket at an action that had different currency, what fraction of a bitcoin could you purchase? Can you explain your answer, in conversions?
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