You just returned from some extensive traveling throughout the Americas. You sta
ID: 2717820 • Letter: Y
Question
You just returned from some extensive traveling throughout the Americas. You started your trip with $10,000 in your pocket. You spent 1.4 million pesos while in Chile. You spent another 40,000 bolivars in Venezuela. Then on the way home, you spent 34,000 pesos in Mexico. How many dollars did you have left by the time you returned to the U.S. given the following exchange rates?
$3,887
$4,039
$4,117
$4,244
$4,299
Country US $ equivalent Currency per US $ Chile ? 633.31 Venezuala .0882 ? Mexico ? 1919.39Explanation / Answer
USD spent inChile = pesos spent /conversion rate = 1400000/633.31 = 2210.607
USD spent in venezuela = Bolivars spent*USD equivalent = 40000*0.0882 = 3528
USD spent in Mexico = pesos spent/conversion rate = 34000/1919.39 = 17.7139
Amount left = 10000 - 2210.607-3528-17.7139 = 4243.679 = 4244
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