Question
You have returned from a trip to Europe and still have €128 euro. How much in U.S. dollars should you receive if the exchange rate is $1 USD = €EUR 0.6991?
(1 point)
Responses
$183.09
$183.09
$89.48
$89.48
$128.70
$128.70
$127.30
(1 point)
Responses
$183.09
$183.09
$89.48
$89.48
$128.70
$128.70
$127.30
Answers
GPT-4o mini
To convert euros to U.S. dollars using the given exchange rate of $1 USD = €0.6991, we first need to find how many dollars correspond to €128.
The exchange rate can also be expressed as:
1 USD = €0.6991
Thus, to find out how many USD one euro is worth, we take the reciprocal of the exchange rate:
1 EUR = 1 / 0.6991 USD ≈ 1.4286 USD.
Now, we'll multiply the amount in euros by the euro-to-dollar conversion rate:
€128 * 1.4286 USD/EUR ≈ $183.09.
Therefore, you should receive approximately $183.09.
The correct answer is:
**$183.09**
The exchange rate can also be expressed as:
1 USD = €0.6991
Thus, to find out how many USD one euro is worth, we take the reciprocal of the exchange rate:
1 EUR = 1 / 0.6991 USD ≈ 1.4286 USD.
Now, we'll multiply the amount in euros by the euro-to-dollar conversion rate:
€128 * 1.4286 USD/EUR ≈ $183.09.
Therefore, you should receive approximately $183.09.
The correct answer is:
**$183.09**