Question

he Ruiz family is exchanging euros for US dollars. The exchange rate is 1 euro equals 1.35261 USD. Since the Ruiz family knows that USD are stated to the nearest hundredth of a dollar, they used the conversion ratio. Will this give the Ruiz family the correct exchange? Explain.

Answer 1

The rounded conversion will not give an accurate answer based on the limitations of the problem.

Using the more accurate conversion factor will give an answer that can then be rounded to 2 decimal places.

Explanation:

this is all you need just took it

Answer 2

1.35

Explanation:

the hundreth place is 2 places after the decimal and since the "2" after the "5" cant be rounded up the answer is 1.35