Question

Jessica is planning a trip to South Africa. The following table shows some of her planned expenses for this trip, and whether these expenses are in US dollars ($) or South African rands (R).

Item
Cost
Currency
Guide book
216.41
R
Walking shoes
702.33
R
Passport
71.75
$
Car rental
996.78
R
Plane ticket
3,741.85
R
Hotel reservation
138.10
$

If the exchange rate of US dollars to South African rands is 1:7.4094, what is the current total of Jessica’s budget, in US dollars? Round all currencies to two decimal places.
a.
$763.54
b.
$791.86
c.
$973.39
d.
$1,001.71

Answer 1

First add the rand amounts: 216.41 + 702.33 + 996.78 + 3,741.85 = 5,657.37 R.

Convert to USD: 5,657.37 ÷ 7.4094 = 763.5395... → $763.54 (rounded to two decimals).

Add the USD items: $763.54 + $71.75 + $138.10 = $973.39.

Answer: c. $973.39