Question

If a gift bought in Mexico cost 180 pesos, what would it cost in US dollars? Round your answer to the nearest cent. Use this table as the foreign currency exchange rate. Country Currency Rate Britain Pound 0.6301 Switzerland Franc 1.1441 Japan Yen 83.13 Mexico Peso 5.81

Answer 1

To determine the cost of the gift in US dollars, divide the price in pesos by the exchange rate.

Step-by-step explanation:

To determine the cost of the gift in US dollars, we need to convert the price from pesos to dollars using the exchange rate. According to the table, the exchange rate for Mexican peso is 5.81 pesos per US dollar. To convert 180 pesos to dollars, divide 180 by 5.81. The result is approximately $30.95 when rounded to the nearest cent.