Question

Peter has 900 New Zealand dollars. If 1 U.S. dollar equals 1.4167 New Zealand dollars, about how many U.S. dollars can Peter buy for his New Zealand dollars?

Answer 1

Multiply the NZ dollar amount by the conversion factor:

900 NZ dollars 1 US dollar
--------------------- * -------------------------- = $635.28, or approx. $635.
1 1.4167 NZ dollars

Answer 2

He can buy 635 US dollars.

Explanation:

Given,

The number of New Zealand dollars Peter has = 900,

Also, 1 US Dollars = 1.4167 New Zealand dollars,

`1\text{ New Zealand dollars}=(1)/(1.4167)\text{ US Dollars}`

`\implies 900\text{ New Zealand dollars}=900* (1)/(1.4167)=(900)/(1.4167)=635.279169902\text{ US Dollars}\approx 635\text{ US dollars}`

Hence, he can buy 635 US dollars.