Question

Use the following information and the table shown. The table shows the exchange rates for certain countries compared to the U.S. dollar on a given day. (TABLE CAN'T COPY) Find the cost of an item in U.S. dollars if it costs 12.50 in South African rand.

Name: Problem 27, Chapter 6: Prealgebra
Uploaded: 2020-05-26T00:49:15-08:00
Duration: 1 min 49 s
Channel: Mary Brese
Description: Use the following information and the table shown. The table shows the exchange rates for certain countries compared to the U.S. dollar on a given day. (TABLE CAN'T COPY) Find the cost of an item in U.S. dollars if it costs 12.50 in South African rand.

   Use the following information and the table shown.
The table shows the exchange rates for certain countries compared to the U.S. dollar on a given day.
(TABLE CAN'T COPY)
Find the cost of an item in U.S. dollars if it costs 12.50 in South African rand.

Prealgebra

Carol E. Malloy,… 1st Edition

Chapter 6, Problem 27

Instant Answer

Solved by Expert Mary Brese

05/26/2020

Step 1

174 South African rands. We are asked to find the equivalent amount in dollars for 12.50 rands. We can set up a proportion to solve this problem. The proportion is as follows: \[\frac{1}{6.174} = \frac{d}{12.50}\] where \(d\) is the amount in dollars we are Show more…

Show all steps

Thanks for your feedback!

Use the following information and the table shown. The table shows the exchange rates for certain countries compared to the U.S. dollar on a given day. (TABLE CAN'T COPY) Find the cost of an item in U.S. dollars if it costs 12.50 in South African rand.

Play audio

Feedback

Mary Brese and 55 other educators are ready to help you.

Ask a new question

Labs

Want to see this concept in action?

NEW

Explore this concept interactively to see how it behaves as you change inputs.

View Labs

Key Concepts

Currency Conversion

Currency conversion is the process of converting an amount of money from one currency to another using the relevant exchange rate. This concept is vital in global trade and travel as it allows for the comparison and translation of economic values across various currencies.

Exchange Rate

An exchange rate is a ratio that expresses the value of one currency in terms of another. It is essential in international transactions and helps determine how much one unit of a currency is worth relative to another, facilitating the conversion between different monetary systems.

Please give Ace some feedback