The amount of dollars that Mr. Levant would exchange for 100 pesos on his return is <u>$9</u>.
<h3>What is an exchange rate?</h3>
An exchange rate is a rate that is used to convert one nation's currency to another.
The exchange rate is based on the purchasing power of each nation's currency.
<h3>Data and Calculations:</h3>
Dollars before traveling to Mexico = $270
Value of Mexican pesos received for $270 = 3,000 pesos
Exchange rate = $1 = 11.11 pesos (3,000/$270)
Amount of pesos left after the trip = 100 pesos
Value of 100 pesos in dollars = <u>$9</u> (100/$11.11)
Thus, the amount of dollars that Mr. Levant would exchange for 100 pesos on his return is <u>$9</u>.
Learn more about exchange rates at brainly.com/question/2202418
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Answer:
a b c
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Step-by-step explanation:
Answer:
5/6
Step-by-step explanation:
1/3 + 1/2 is a simple addition fraction problem.
You'd find the LCM (lowest common denominator) which is 6. First, we'll take 1/3 which the denominator becomes 6. You see one side has been basically multiplied by 2, so you'd do it to both sides, giving us 2/6. Next, we do the same thing with 1/2. 2 -> 6 1 -> 3. 3/6. So finally, we have 3/6 + 2/6, which is 5/6.
Answer:
1. 81.0
2. I`m trying to figure that out now I will give answers when I can
Step-by-step explanation:
Answer:
I took the test!!
Step-by-step explanation:
Pit this in your calculator exactly like this 4,000(1.05)^5 and you get the answer 5,105.12625. So round your answer to the nearest dollar, which is 5,105.
