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9 May, 19:10

Tess, who lives in the United States, is on a trip to Europe. She is going first to Germany, where the currency is the euro (€), and then to Switzerland, where the currency is the Swiss franc (CHF). As she travels from Germany to Switzerland, she finds that she has the equivalent of $527 remaining in euros, which she wishes to convert to Swiss francs. If, at the time of Tess's exchanges, the exchange rate of the US dollar to the euro is 1:0.6957 and the exchange rate of the euro to the Swiss franc is 1:1.4755, how many Swiss francs does she have? Round all currencies to two decimal places.

a.

366.63 francs

b.

513.39 francs

c.

540.96 francs

d.

777.59 francs

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Answers (1)
  1. 9 May, 23:01
    0
    First you take the original amount of money that is presented, which is $527 and multiply it by. 6957. Once you do that you take that answer and multiply it by 1.4755 to get your final answer. 540.96 Answer is C
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