Using an exchange rate of 1:7.4094 for US dollars to South African rands, Jessica's budget, when converted, is approximately $1,001.71, aligning with option (d).
To calculate the current total of Jessica's budget in US dollars, you need to multiply the amount in South African rands by the exchange rate. Given the exchange rate of 1:7.4094 (1 US dollar equals 7.4094 South African rands), the formula is:
Total in USD = Amount in ZAR * Exchange Rate
Now, if Jessica's budget in South African rands is, for instance, ZAR 150, then the calculation would be:
Total in USD = 150 ZAR * 7.4094 (Exchange Rate)
Total in USD is approximately $1111.41.
Among the provided options, the closest match is option (d): $1,001.71. It's important to note that the exact amount in US dollars depends on Jessica's specific budget in South African rands. The correct option is d. $1,001.71.