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MArishka [77]
4 years ago
13

While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the Uni

ted States he converts his money back to US dollars. How much of the original 250 US dollars does Phelan now have?
Mathematics
2 answers:
Anettt [7]4 years ago
5 0
Since the exchange rate of euro to USD right now is 1:1.11, therefore he spent 150x1.11=166.5 USD. Therefore, he has 250-166.5=83.5 USD left(assuming the exchange rate is the same, 1.17).
Lesechka [4]4 years ago
4 0

Answer:

Phelan have 80.5 US dollars.

Step-by-step explanation:

The current exchange rate is

1 \text{ Euro }=1.13 \text{ US dollars}

Let as assume that this exchange rate remains constant.

In initial stage Phelan has 250 US.

He spent 150 euros, it means he spent

150\times 1.13=169.5\text{ US dollars}

The remaining amount in US dollars is

250-169.5=80.5

Therefore, Phelan have 80.5 US dollars.

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