What is the pay in Peso? and who keeps the difference?
Consider being the owner of a small business (Cupcake Shoppe, Lawn Service, Automotive Repair Shop, etc) and aspect you're responsible for is paying your employee or employees. Provide an example of how you'll calculate paying your employee for one week (40-hrs) at a rate of $19.55/hr.
Answer: 40 * 19.55 = $782?
Now your employees want to be paid in Peso (MXN) and the current exchange rate is 0.0529.
After converting who keeps the difference, the owner or employee after you round it back to 2-places beyond the decimal.
1 answer
Is the exchange rate 1 dollar = .0529 peso? If so, multiply the amount u found in dollars by .0529
1 answer