If Mexican peso dollars per foreign is 0.0943 and foreign per dollar is 10.6045

Question

His much Mexican pesos can you buy for $180?

Answer 1

To find out how many Mexican pesos you can buy for $180, we need to use the exchange rate given.

First, we know that the exchange rate of Mexican peso dollars per foreign is 0.0943. This means that for every foreign, you get 0.0943 Mexican peso dollars.

Next, we know that the exchange rate of foreign per dollar is 10.6045. This means that for every dollar, you get 10.6045 foreign.

To find out how many Mexican pesos you can buy for $180, we need to convert $180 into foreign currency first.

$180 * 10.6045 foreign/dollar = 1908.81 foreign

Now, we can use the exchange rate of 0.0943 Mexican peso dollars per foreign to convert the foreign currency into Mexican pesos.

1908.81 foreign * 0.0943 Mexican peso dollars/foreign = 179.81 Mexican pesos

Therefore, you can buy 179.81 Mexican pesos for $180.