Mathematics
moyaf
2015-11-12 14:58:42
You have returned from a trip to Europe and still have €200 euro. How much in U.S. dollars should you receive if the exchange rate is USD/EUR 0.6991 ?
ANSWERS
carrasco347
2015-11-12 17:59:56

$/€ = 0.6991 means for each $1 you will get €0.6991 OR for each €1 you will get $(1/0.6991) = $1.4304 So the €200 yield €200 x 1.4304 = $286.08

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