A certain book is for sale in both Belize and Brazil. In Belize, it sells for 80.39 Belize dollars. In Brazil, it sells for 63.6
5 Brazilian reals. The exchange rate of US dollars to Belize dollars is 1:1.9246, and the exchange rate of US dollars to Brazilian reals is 1:1.7880. When converted into US dollars, which country sells the book at a more expensive price, and how much more expensive is it? Round all currency values to two decimal places.
A book is sold in Belize for 80.39 Belize dollars. In Brazil, it sells for 63.65 Brazilian reals.
The exchange rate of US Dollars to Belize Dollars is 1:1.9246 <span>The exchange rate of US Dollars to Brazilian Real is 1:1.7880 </span> If we convert the two into dollars, Belize Dollars 1 : 1.9246 = X : <span>80.39 1.9246X = 80.39 X = $ 41.77
</span>Brazilian Real 1 : 1.7880 = X : 63.65 <span> </span>1.7880X = 63.65 <span> X = $ 35.60 </span> Difference = $ 41.77 - $ 35.60 Difference = $ 6.17
<span>So, in Belize the book is more expensive by $ 6.17</span>