Question

Two people are traveling and need to exchange the currency of their native country for the currency of the country they are visiting. drag each exchange to match the ratio of currency to currency in each category.

Answer 1

The solution is shown in attached figure.

Explanation:

In table 1,

US currency (Dollars) Foreign currency

50.00 31.50

The foreign currency per US dollar is

`(31.50)/(50)=0.63`

Therefore 0.63 is not equal to the exchange rate of Mexican peso and euro.

In table 2,

US currency (Dollars) Foreign currency

20.00 14.60

The foreign currency per US dollar is

`(14.60)/(20)=0.73`

Therefore 0.73 is equal to the exchange rate of euro.

In table 3,

US currency (Dollars) Foreign currency

25.00 18.25

The foreign currency per US dollar is

`(18.25)/(25)=0.73`

Therefore 0.73 is equal to the exchange rate of euro.

In table 4,

US currency (Dollars) Foreign currency

40.00 724.80

The foreign currency per US dollar is

`(724.80)/(40)=18.12`

Therefore 18.12 is equal to the exchange rate of Mexican peso.

In table 5,

US currency (Dollars) Foreign currency

15.00 271.80

The foreign currency per US dollar is

`(271.80)/(15)=18.12`

Therefore 18.12 is equal to the exchange rate of Mexican peso.