Question

Suppose the exchange rate on that day is $1 (U.S) = 0.86 Euro. How much is $45.52 (U.S)?

a) 52.93 Euro
b) 39.12 Euro
c) 54.32 Euro
d) 38.99 Euro

Answer 1

Using the exchange rate of $1 (U.S) = 0.86 Euro, $45.52 (U.S) is equivalent to 39.12 Euro, which is option b) 39.12 Euro.

Step-by-step explanation:

To calculate how much $45.52 is in euros based on the given exchange rate of $1 (U.S) = 0.86 Euro, you can use the following calculation method:

The formula for converting dollars to euros is:

Amount in Euros = Amount in Dollars × Exchange Rate (Dollars to Euros)

Using the provided exchange rate:

Amount in Euros = $45.52 × 0.86 Euro/$

Amount in Euros = 39.12 Euro

Therefore, $45.52 U.S. is equal to 39.12 Euro. The correct answer from the options provided is b) 39.12 Euro.