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6. Sums of Money

Notice the following points:

Ј54,765.45 $67.05 48p 90c

The pound (Ј) or dollar ($) signs go before the numbers.

A decimal point (full stop) separates pounds from pence and dollars from cents. There are two ways of writing pence and cents: 48p (Ј.48), 90c ($.90).

Note: Ј3m = three million pounds

$6.2m = six point two million dollars

= six million, two hundred thousand dollars

Exercise 15

Fill in the blanks with the mathematical symbols for the following words

subtract/ take away/ minus ____ , add/ plus ____ , square root ____ , square root of thirty six ____ , multiply ____ , cube root of twenty-seven ____ , four squared ____ , zero ____, nought ____ , percent ____ , a one to six ratio ____ , equals/ is equal to ____, approximately equals ____ , six to the power three/ six to the third power ____ .

Exercise 16

How do you say these figures:

27.65 Ј16.89 0.018 250,347 $2,587.60 $1,535,640 3/5 1/18

How do you say:

23 - 16 = 7 11 ´ 3 = 33 36 = 6 18 ¸ 3 = 6 3 216 = 6

217 + 56 = 273

121/2 242/3 181/4 4/5 643/4 1/5

Exercise 17

Which thirteen words for “money” can you use in place of the underlined words? Choose from the list below.

1 The British teachers in China were paid in local type of money.

2 We don’t accept cheques - we only take money in notes and coins.

3 The Chancellor will present his expenditure and income plan for

health care to the Parliament tomorrow.

4 We got the necessary money for this particular purpose.

5 The yen is the type of money used in Japan.

6 We made a contribution to the famine relief stock of money.

7 How much is the money needed to start the company?

8 The company is starting a pension stock of money.

9 The EC agriculture depends for its survival on the governments’

financial help which makes prices of agricultural products lower

without making a loss.

10 We had a Ј10,000 borrowed money from the bank to buy new

equipment.

11 The country has got enough money to pay other countries for

its imports.

12 The money that could be used in the course of business activity

amounted to $100,000.

13 The company was started with a risky money of Ј20,000.

14 I have bought many shares of a successful firm that offers investors

a large amount of money produced as a profit.

15 The industrial nations give help in the form of money to the develo-

ping countries.

high return on capital, reserves, fund, aid, currency, subsidies, loan, cash, working capital, budget, capital, venture capital, finance

SPEAKING

Making Requests

Will

Would

Can

Could

you

repeat that again, please?

close/ open the door/ window, please?

tell me the time?

help/ show me ...?

Do

Would

you mind telling me about ... ? / saying that again?

Note 1: A request ends with a rising intonation. “Please” makes your

request more polite and it comes at the beginning or the end.

Note 2: “Will you/ Can you” are more used between friends and family to

make a simple request. “Would you/ Could you” are used amongst friends when the request is more demanding, and with strangers.