Question

You are working as an office apprentice for the bksb Newcastle Arena.

The current exchange rate for US dollars ($) to British pounds (£) is this:




$1.54 : £1




The American folk band, Patriots & Banjos, only accepts payment for concerts in US dollars. The agreed fee was £12,000.





How many dollars will the arena have to pay them?

Answer 1

$18480

Explanation:

If for every £ you have $1.54 you just need to times $1.54 by the number of pounds you have. In this situation you have £12,000.

1.54 x £12,000 = 18480

Therefore you have $18480.

Answer 2

it has to be $18,450 because £12,000 x $1.54=$$$$$ (18,450)