Question

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 ?

Answer 1

139.82 US dollars would be reverted back to you

Answer 2

$286.08

Explanation:

We have been given that you have returned from a trip to Europe and still have €200 euro.

To convert €200 to US dollars, we will multiply 200 by 0.6991 as:

`\text{200 Euros to US dollars}=200\text{ euros}* \frac{\$1}{\text{0.6991 euro}}`

`\text{200 Euros to US dollars}=(\$200)/(0.6991)`

`\text{200 Euros to US dollars}=\$286.08210556`

`\text{200 Euros to US dollars}\approx \$286.08`

Therefore, you will receive $286.08.