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Please answer both How is the value of currency determined? Imagine one U.S. dollar equals 50 Mexican pesos. You plan to visit Mexico. How many pesos will you receive in exchange for $200?
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2 votes
Please answer both

How is the value of currency determined?

Imagine one U.S. dollar equals 50 Mexican pesos. You plan to visit Mexico. How many pesos will you receive in exchange for $200?

User Borisano
by
5.4k points

2 Answers

3 votes

Answer:

10,000 persos

Step-by-step explanation:

50*200=10,000

User Scoffey
by
6.1k points
1 vote

Answer:

10,000 Pesos

Explanation: you multiply 50 by 200 because you have 200 dollars and one dollar is 50 pesos, and then you get 10000 pesos

50*200=10000

User TomFirth
by
6.2k points
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