Question

Claudine traded U.S. dollars for Mexican pesos at an exchange rate of 1 U.S. dollar = 12.6577 Mexican pesos. She gave the exchanger a total of 2300 U.S. dollars and was charged a flat fee of 55 U.S. dollars. Approximately how many Mexican pesos does Claudine have? A. 177.36 B. 29,112.71 C. 181.71 D. 28,416.54

Answer 1

After subtracting the flat fee from Claudine's total U.S. dollars and converting the remaining amount using the exchange rate, Claudine has approximately 28,416.54 Mexican pesos.

Step-by-step explanation:

To determine how many Mexican pesos Claudine has after exchanging her U.S. dollars, we need to use the provided exchange rate and account for the flat fee. First, we'll subtract the fee from the total U.S. dollars Claudine has and then convert the remaining amount into Mexican pesos using the exchange rate.

1. Subtract the flat fee from the total U.S. dollars: $2300 - $55 = $2245
2. Calculate the amount of Mexican pesos: $2245 × 12.6577 pesos/dollar = 28,416.5415 pesos

Therefore, Claudine has approximately 28,416.54 Mexican pesos after the exchange.