Purchase Solution

Computation of conversion of exchange Rate

Not what you're looking for?

Ask Custom Question

25. You just returned from some extensive traveling throughout the Americas. You started your trip with $10,000 in your pocket. You spent 1.4 million pesos while in Chile. You spent another 40,000 Bolivars in Venezuela. Then on the way home, you spent 34,000 pesos in Mexico. How many dollars did you have left by the time you returned to the U.S. given the following exchange rates?

Country U.S. $ Equivalent Currency per U.S. $
Chile ? 633.31
Venezuela .0882 ?
Mexico ? 1919.39

A. $3,887
B. $4,039
C. $4,117
D. $4,244

Purchase this Solution

Solution Summary

The response helps in computation of conversion of exchange Rate.

Purchase this Solution


Free BrainMass Quizzes
Employee Orientation

Test your knowledge of employee orientation with this fun and informative quiz. This quiz is meant for beginner and advanced students as well as professionals already working in the HR field.

Basic Social Media Concepts

The quiz will test your knowledge on basic social media concepts.

Writing Business Plans

This quiz will test your understanding of how to write good business plans, the usual components of a good plan, purposes, terms, and writing style tips.

Situational Leadership

This quiz will help you better understand Situational Leadership and its theories.

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.