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You just returned from a trip to Germany and have 277 euros in your pocket. How many dollars will you receive when you exchange this money if the U.S. dollar equivalent of the euro is 0.89

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proz

Answer:

I will receive $246.53

Explanation:

we are told that the U.S. dollar equivalent to euro = 0.89

this means that:

$ 0.89 = 1 Euros

€ 1 = $ 0.89

∴ € 277 = 277 × 0.89 = $ 246.53

Therefore, I will receive $246.53

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