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Use the information below to answer the following questions.
U.S. $ EQUIVALENT CURRENCY PER U.S. $
Polish Zloty .2993 3.3416
Euro 1.2441 .8038
Mexican Peso .0752 13.2997
Swiss Franc 1.0341 .9670
Chilean Peso .002071 482.80
New Zealand Dollar .8081 1.2375
Singapore Dollar .8004 1.2493

If you have $250, how many Polish zlotys can you get? (Do not include the Polish zlotys sign (Z). Round your answer to 2 decimal places )

How much is one euro worth in U.S. dollars? (Round your answer to 4 decimal places)

If you have 4.20 million euros, how many dollars do you have? (Enter your answer in dollars, not millions of dollars . Round your answer to the nearest whole dollar amount)

Which is worth more, a New Zealand dollar or a Singapore dollar?

How many Swiss francs can you get for a euro? (Round your answer to 4 decimal places.)
What do you call this rate?

Respuesta :

heyderlisenan

Answer:

1) 0.7483 USD

2)0.8037 USD

3)3375540 USD

4)1 Singapore Dollar (1.25 USD)  is greater than 1 New Zealand Dollar(1.24 USD)

5) 1.2032 Swiss Franc and it is relative rate of the currency

Explanation:

If 1usd equals the currencies below let’s start to calculate for your answer:

Polish Zloty 0.299333416  

Euro 1.24418038  

Mexican Peso 0.0752133  

Swiss Franc 1.0341967  

Chilean Peso 0.002071483  

New Zealand Dollar 0.808112375  

Singapore Dollar 0.800412493  

1) Converting for 250USD to Polish Zloty:

It equals 250*0.299333416=0.74833354==> 0.7483 USD

2) How much is one euro worth in U.S. dollars:

If 1Usd= 1.24418038 then 1euro=1/1.24418038 =0.803741978==>0.8037 USD

3) If you have 4.20 million euros, how many dollars do you have:

If we found on 3rd equation that 1euro=0.8037 USD then 4.20 Million euros will be:

4200000*0.8037=3375540 USD

4) Which is worth more, a New Zealand dollar or a Singapore dollar:

If 1USD=0.808112375 New Zealand Dollar, then

1 New Zealand Dollar=1/0.808112375=1.23745172 ==>1.24USD

If 1USD=0.800412493 Singapore Dollar, then

1Singapore Dollar=1/0.800412493 =1.2493559  ==>1.25USD

As we see, 1.25>1.24 so 1 Singapore Dollar > 1 New Zealand Dollar

5) How many Swiss francs can you get for a euro:

If We found above that 1 euro=0.8037USD and 1 USD= 1.0341967 Swiss Franc then 1 Swiss Franc= 1/1.0341967=0.966934046=0.9670USD

If 1Swiss Franc=0.9670Usd, for 1Euro we will have 0.9670/0.8037=1.20318527 ==>1.2032 Swiss Franc and it will be the relative rate of the currency.

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