Question

Mila is preparing to travel from the United States to Belgium, a member of the European Union, and wants to exchange $80 USD to euros. She finds that the currentexchange rate is €0.85 EUR to $1 USD. If Mila exchanges $80 USD, how much moneywill she receive in euros?

Answer 1

68 euros

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Answer 2

Therefore, Mila will receive €68 EUR when exchanging $80 USD to euros.

Explanation:

To calculate how much money Mila will receive in euros when exchanging $80 USD, we can use the given exchange rate of €0.85 EUR to $1 USD.

1. Start with the amount of money Mila wants to exchange, which is $80 USD.

2. Multiply the amount in USD by the exchange rate to convert it to euros:

$80 USD * €0.85 EUR/$1 USD = €68 EUR