Answer:
United States dollars = $200
Step-by-step explanation:
given data
Currency on hand = 5,000
solution
We will convert the 5,000 pesos into US dollars
we consider here exchange rate that is
current Mexican Peso to US Dollar = 0.040
so United States dollars will be by 5,000 pesos
United States dollars = 5,000 pesos × exchange rate ..............1
United States dollars = 5,000 pesos × 0.040
United States dollars = $200
