Question

Kari is on a trip to Italy. She has made a list of cities she would like to tour while she is there, as well as how much she expects it will cost her (between transportation, admission, souvenirs, and so on) to see each one. The prices are listed in either US dollars ($) or euros (€). Kari has a budget of $585 set aside for sightseeing.

Item
Cost
Currency
Tour of the Vatican
68.77
€
Tour of Rome
95.41
€
Tour of Naples
71.06
$
Tour of Venice
113.38
$
Tour of Milan
49.69
€

She would also like to tour Genoa as well, which would cost her €60.85. If the conversion rate of US dollars to euros at the time of Kari’s visit is 1:0.6859, how will this affect her budget? Round all dollar values to the nearest cent.
a.
Kari can see Genoa and have $60.33 left in her budget.
b.
Kari can see Genoa and have $41.38 left in her budget.
c.
Kari has almost exactly enough left in her budget to see Genoa.
d.
Kari cannot afford to see Genoa, because it would put her $84.48 over budget.

Answer 1

First convert euros to dollars: 1 EUR = 1/0.6859 ≈ $1.457938475. Converting and rounding each to the nearest cent:

- Vatican: 68.77€ × 1.457938475 ≈ $100.26
- Rome: 95.41€ × 1.457938475 ≈ $139.10
- Milan: 49.69€ × 1.457938475 ≈ $72.44
- Genoa: 60.85€ × 1.457938475 ≈ $88.72
- Naples: $71.06 (already USD)
- Venice: $113.38 (already USD)

Total cost = 100.26 + 139.10 + 72.44 + 88.72 + 71.06 + 113.38 = $584.96.
Budget $585 − $584.96 = $0.04 remaining.

So answer c.