Question

Round to the nearest hundredth. Andrea exchanged $500 for 445 euros. What is the exchange rate?

1 dollar= euro(s)

1 euros= dollar(s)
Please answer both

Answer 1

To find the exchange rate, we can divide the amount of dollars by the amount of euros. In this case, Andrea exchanged $500 for 445 euros.

To find the exchange rate in terms of dollars per euro, we divide the amount of dollars by the amount of euros:

Exchange rate: 500 dollars / 445 euros = 1.1236 dollars per euro (rounded to the nearest hundredth)

To find the exchange rate in terms of euros per dollar, we divide the amount of euros by the amount of dollars:

Exchange rate: 445 euros / 500 dollars = 0.89 euros per dollar (rounded to the nearest hundredth)

So, the exchange rate is approximately 1.12 dollars per euro or 0.89 euros per dollar.

Step-by-step explanation:

Answer 2

1 dollar = 0.89 euro(s)

1 euros = 1.12 dollars

Step-by-step explanation:

Andrea has $500 which she wants to exchange and gets 445 euros. They are proportional to each other.

$500 = 445 euros

• $1 = 445/500 euros = 0.89 euros

445 euros = $550

• 1 euros = $550/445 = $ 100/89 = $1.1235955 ≈ $1.12 (rounded to nearest hundredth)