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Homework answers / question archive / Ron was vacationing in? France, when his camera was stolen
Ron was vacationing in? France, when his camera was stolen. As he walked into a camera? store, Ron noticed that camera prices were in euros. If Ron was willing to pay ?$150 for a new digital camera and the exchange rate is ?$0.85 per? euro, how much will Ron be paying in? euros?
Ron will be paying ________? euros for the camera. (?Instructions: Enter your response by rounding two places after the? decimal.)
Answer:
Ron will be paying 176.47 Euros for the camera.
See the explanation (and calculation) in the Explanation section below.
Step-by-step explanation
We have the following information:
?$150 for a new digital camera
the exchange rate is ?$0.85 per? euro
1 Euro = $0.85
2 Euros = $0.85 x 2 = $1.70
3 Euros = $0.85 x 3 = $2.25
Working the dollar amount into Euros:
$1.70/ 0.85 = 2 Euros
$2.25/ 0.85 =3 Euros..... and so on
Therefore,
$150/ 0.85 = 176.47 Euros
Looked at another way:
For every Euro he has to pay, it only costs him $0.85, so
176.47 Euros x 0.85 = $150
