QuestionYou return from a trip with 27,200 Japanese yen. How much are your yen worth in U.S. dollars? Use the exchange rate shown below.
\begin{tabular}{|c|c|c|}
\hline Currency & U.S. dollars per Japanese yen & Japanese yen per U.S. dollar \\
\hline Japanese yen & 0.009004 & 111.1 \\
\hline
\end{tabular}
The 27,200 Japanese yen are equivalent to about \\square$
(Round to the nearest cent as needed.)
Studdy Solution
STEP 1
1. You have Japanese yen.
2. The exchange rate is U.S. dollars per Japanese yen.
3. We need to convert yen to U.S. dollars.
STEP 2
1. Identify the exchange rate.
2. Set up the conversion equation.
3. Calculate the amount in U.S. dollars.
4. Round the result to the nearest cent.
STEP 3
Identify the exchange rate from Japanese yen to U.S. dollars, which is dollars per yen.
STEP 4
Set up the conversion equation using the exchange rate.
STEP 5
Substitute the given values into the conversion equation.
STEP 6
Calculate the amount in U.S. dollars.
STEP 7
Round the result to the nearest cent.
The 27,200 Japanese yen are equivalent to about \$ \(\boxed{244.91}\).
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