Question

You are planning to visit your cousins in Brazil. The exchange rate is 0.7711 U.S. dollars per Brazilian real. How many U.S. dollars would you need in order to buy 10,600 Brazilian reals?

Answer 1

To purchase 10,600 Brazilian reals at an exchange rate of 0.7711 U.S. dollars per Brazilian real, you would need 8,173.66 U.S. dollars.

Step-by-step explanation:

To calculate how many U.S. dollars you would need to buy 10,600 Brazilian reals with an exchange rate of 0.7711 U.S. dollars per Brazilian real, you can use the formula:

Amount in U.S. dollars = Amount in Brazilian reals × Exchange rate (reals/$ U.S.)

So, it would be:

Amount in U.S. dollars = 10,600 reals × 0.7711 $/$ U.S.

Calculating this gives:

Amount in U.S. dollars = 8,173.66 U.S. dollars

Therefore, you would need 8,173.66 U.S. dollars to purchase 10,600 Brazilian reals at the given exchange rate.