Question

The exchange rate one day was :$0.82 U.S = $1.00 Canadian .That day, sheila exchanged $25 U.S for Canadian dollars. To The nearest cent, How much Canadian money did Sheila receive?

Answer 1

We are given the rate, and now we determine the value Shelia exchanged as follows:

`\text{usd}=(25\cdot0.82)/(1.0)\Rightarrow\text{usd}=(41)/(2)\Rightarrow\text{usd}=20.5`

From this, we have that Shelia got $20.5 USD from her original $25CD.

(USD = US Dollar & CD = Canadian Dollar).