Compute the Amount of Each Foreign Currency That Can Be

question 34

Multiple Choice

Compute the amount of each foreign currency that can be purchased for $5,000:
1) 1 Danish krone = $0.18
2) 1 Indian rupee = $0.15
3) 1 Israeli shekel = $0.37
$5,000 equals:

• A) 17,777.78 krone; 33,333.33 rupee; 18,513.51 shekel
• B) 17,777.78 krone; 33,333.33 rupee; 13,513.51 shekel
• C) 27,777.78 krone; 38,333.33 rupee; 13,513.51 shekel
• D) 27,777.78 krone; 33,333.33 rupee; 13,513.51 shekel

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Definitions:

Decimal Places

The count of figures positioned to the right side of the decimal point within a number.

Equation

A mathematical formulation where two expressions are set equal to each other, indicating a balance.

Expression

A combination of symbols and numbers that represents a particular quantity or operation, but does not include an equality sign.

Exponential Equation

An equation where the variable appears in the exponent, expressing the relationship between two quantities where one varies as a constant power of another.