Answer:
You should receive 286.0821056 US dollars
Step-by-step explanation:
* Lets explain how to solve the problem
- The exchange rate is USD/EURO 0.6991
- That means 1 USD = 0.6991 EURO
- You have 200 EURO
- You want to convert them to US dollars
∵ 1 dollars = 0.6991 euro
USD : EURO
1 : 0.6991
x : 200
∴ [tex]\frac{1}{0.6991}=\frac{x}{200}[/tex]
- By using cross multiplication
∴ 0.6991 x = 200
- Divide both sides by 0.6991
∴ x = 286.0821056
∵ x represents the amount of US dollars
∴ You should receive 286.0821056 US dollars
