**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,...

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