Answer :
The following conversions are given in the question:
[tex]\begin{gathered} 1\text{ rand}\Rightarrow0.074\text{ dollars} \\ 1\text{ year}\Rightarrow12\text{ months} \end{gathered}[/tex]The amount in rands can be converted using the relationship:
[tex]1,520,000\text{ rands}\times\frac{0.074\text{ dollars}}{1\text{ rand}}[/tex]One year is converted to months as:
[tex]1\text{ year}\times\frac{12\text{ months}}{1\text{ year}}[/tex]Hence, the entire conversion can be written to be:
[tex]\frac{1,520,000\text{ rands}}{1\text{ year}}\times\frac{0.074\text{ dollars}}{1\text{ rand}}\times\frac{1\text{ year}}{12\text{ months}}[/tex]Therefore, we can calculate the amount to be:
[tex]\Rightarrow9373.33\text{ }\frac{dollars}{month}[/tex]ANSWER
[tex]\frac{1,520,000\text{ rands}}{1\text{ year}}\times\frac{0.074\text{ dollars}}{1\text{ rand}}\times\frac{1\text{ year}}{12\text{ months}}[/tex]T