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a_sh-v [17]
3 years ago
12

Ron was vacationing in​ France, when his camera was stolen. As he walked into a camera​ store, Ron noticed that camera prices we

re in euros. If Ron was willing to pay ​$ for a new digital camera and the exchange rate is ​$ per​ euro, how much will Ron be paying in​ euros? Ron will be paying nothing euros for the camera. ​(​Instructions: Enter your response by rounding two places after the​ decimal.)
Business
1 answer:
Mnenie [13.5K]3 years ago
5 0

Answer:

130.43 euros

Explanation:

Since Ron willing to Pay is $150

Now we have to convert $150 in euros

As we know that

exchange rate × willing to pay in euro = Willing to pay in Dollar

i.e.

willing to pay in euro = Willing to pay in Dollar ÷ Exchange rate

= 150 ÷ 1.15

= 130.43 euros

Hence, the ron be paying in euros is 130.43

The same would be relevant

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