Answer:
13,333.33 peso
Step-by-step explanation:
The rate give is called the exchange rate between dollar and peso. It is the price of one currency in terms of another
To determine the amount a Mexican would pay, we convert the $1200 into pesos by the dividing it by $0.09
So,
Since 1 peso = $0.09
therefore, $1200 will equal
= 1200/0.09 pesos
= 13,333.33 peso
$1200 =13,333.33 peso