Use the Following Table of Exchange Rates to Solve the Problem

question 30

Multiple Choice

Use the following table of exchange rates to solve the problem. Round your answer when appropriate. $$\begin{array} { l | c | c } \text { Currency } & \text { Dollars per Foreign } & \text { Foreign per Dollar } \\\hline \text { British pound } & 1.624 & 0.6158 \\\text { Canadian dollar } & 1.005 & 0.9950 \\\text { European euro } & 1.320 & 0.7576 \\\text { Japanese yen } & 0.0120 & 83.33 \\\text { Mexican peso } & 0.07855 & 12.73\end{array}$$
-A fresh juice stand in Montreal sells a large glass of orange juice for 4.40 Canadian dollars. If you buy 5 glasses, how much have you spent in (U.S.) dollars?

• A)$29.04
• B)$16.67
• C)$22.11
• D)$21.89

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Definitions:

Johns Hopkins University

An elite private research university located in Baltimore, Maryland, known for its prestigious programs in medicine, public health, and international relations.

Ohio State University

A large, public research university located in Columbus, Ohio, known for its extensive research programs.

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A cube-shaped object with each side marked with one to six dots, used primarily in games of chance.

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The probability distribution of a statistic obtained through a large number of samples drawn from a specific population.