**Exchange Rate Understanding****Exchange Rate Example:**"In July 2014, one Mexican peso was worth 0.075 U.S. dollars."**Question:**How many Mexican pesos was $133 worth?**Answer Choices:**- 5.639 pesos- 9.975 pesos- 177.333 pesos- 1,773.333 pesosTo solve this, set up a ratio to convert U.S. dollars to Mexican pesos using the exchange rate given. Divide the given dollar amount by the value of one peso in dollars:\[\text{Number of pesos} = \frac{\$133}{\$0.075 \text{ per peso}} = 1,773.333 \text{ pesos}\]Therefore, the correct answer is 1,773.333 pesos.

Solving the problem by finding the required value.

ID: THOMPSON7688 Sylena Y-Desha Thompson Mas-Garcia In July 2014 one Mexican peso was worth 0.075 U.S. dollars. How many Mexican pesos was $133 worth? 5.639 pesos 9.975 pesos 177.333 pesos 1,773.333 pesos

ID: THOMPSON7688 Sylena Y-Desha Thompson Mas-Garcia In July 2014 one Mexican peso was worth 0.075 U.S. dollars. How many Mexican pesos was $133 worth? 5.639 pesos 9.975 pesos 177.333 pesos 1,773.333 pesos

Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

See similar textbooks

Similar questions

*CALCULATE THIS QUESTION WITHOUT USING EXCEL
Colleen has an offer to buy acar with a sticker price of$25,900 by paying $460 amonth for 72 months. Whatinterest rate is Colleen beingoffered?
Reconcile the given checking account. Compare the items appearing on the bank statement to the check register. Click the icon to view the items on the check register. Click the icon to view the items on the bank statement. Bank Reconciliation Bank statement $ 6934.81 Checkbook balance $7200.53 balance Add: Add: Deposits not recorded +. Interest Credit (IC) Enter vour o
What is the APC payment for CPt code 66984? Round the answer to two decimal points explain
The Lincoln wheat penny was designed by Victor D. Brenner in 1909. Currently, the most valued penny is the 1909 S VDB penny. It was minted in San Francisco and only 484,000 were minted with the initials on the back. In 2015, the S VDB penny in uncirculated condition is worth $3,200. When will it be worth $15,000? (Round your answer to the nearest year.)
The current exchange rates show that US$1.00 = €0.7643. If you have $600 US dollars, what is the equivalent amount in euros?
Nicole Mariana and Deibey Nicolas, the Fajardo Rincon twins, ran a summer business. They put their earnings in the bank. They moved to a different town but decided to leave their money in the bank to earn interest. Their father said they could withdraw money from the account after 5 years. Here is the account information for the first 4 years in the account. year amount 382.88 1 402.02 422.12 443.23 465.39 5 Use the regression calculator to determine the best function to represent this data. a. What is the prediction equation that best fits this data? Describe its shape and why you chose that type of function. b. Use the equation to predict how much money will be in the account after 5 years. c. Use the equation to predict how much money will be in the account after 10 years if they leave it in the bank that long.
Jenny works in a shop. Her annual gross salary is $20,000. From this, she must pay social security (calculated as 10% of her gross pay) plus 12% income tax. What is Jenny's take home pay per annum?Give your answer in dollars to the nearest dollar. Do not include commas or the dollar symbol in your answer.
On the first day of January you receive a check for $1. On eachthird day thereafter, you receive a check for 3 times the previous check.a) How much if the check you receive on the last day of January?b) What is the total of the checks you received in January?c) What is the total of the check you received by the end of the 100thday of the year?
the average price for regualr gasoline in Toronto is 1.35 per liter or L (in Canadian dollars as of April 2014) Part A. There is US 0.96 for each canadian dollar. Determine the cost in the U.S dollars (US) for 1 L of gasoline in Toronto. Round to the nearest cent Part B. There are 3.78541 L in 1 gallon. Determine the cost in U.S dollars for 1 gal of gasoline in Toronto round to the nearest cent
On april 17 2017 one U.S. dollar was worth 18.54 Mexican pesos. How many U.S. cents was one Mexican Peso worth?