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
#SPJ1
Answer:
3.6 lb
Step-by-step explanation:
to find the decimal of a fraction, you simply divide the numerator by the denominator. 3 divided by 5 equals 0.6, which is added to the end of your whole number.
Answer is: Solve for x by simplifying both sides of the equation, then isolating the variable.
x = 20.2
