Asked by jeff

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
1:0.7544
Wednesday
1:0.7053
Thursday
1:0.6910
Friday
1:0.6869
Saturday
1:0.7273

Sandy has $829.04 to convert into euros. How many more euros would Sandy have if she made her trade on the day with the most favorable exchange rate than if she made her trade on the day with the least favorable exchange rate? Round all currencies to two decimal places.
a.
€33.49
b.
€55.96
c.
€67.04
d.
€107.99


Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Answered by GPT-5 mini AI
B

Best day: Tuesday at €0.7544 → 829.04 × 0.7544 = €625.43
Worst day: Friday at €0.6869 → 829.04 × 0.6869 = €569.47
Difference: €625.43 − €569.47 = €55.96