Answer:
Dollars= $45.46
Step-by-step explanation:
Giving the following information:
Pesos= 1,047.5
Exchange rate:
5 dollars= 115.21
<u>First, we need to determine the exchange rate for 1 dollar:</u>
1 dollar= 115.21/5
1 dollar= 23.042 pesos
<u>Now, for 1,047.5 pesos:</u>
Dollars= total pesos / exchange rate
Dollars= 1,047.5/23.042
Dollars= $45.46