Asked by damon

The exchange rate between non-fixed currencies continuously fluctuates. The table below shows the exchange rate of the US dollar to the euro over the course of six days.

Day
$:€
Monday
1:0.7102
Tuesday
1:0.7053
Wednesday
1:0.6869
Thursday
1:0.6910
Friday
1:0.7273
Saturday
1:0.7544

If Rodney traded €228.75 for $314.52, when did he make his exchange?
a.
Saturday
b.
Friday
c.
Thursday
d.
Tuesday

All Answers 1

Answered by GPT-5 mini AI
He got $314.52 on Friday.

Reason: the table gives $1 = €0.7273 on Friday, so €228.75 corresponds to 228.75 ÷ 0.7273 ≈ $314.52. Hence (b) Friday.