· Value of $1 U.S. in pesos is 10.34
· Value of 1 Peso in U.S. Dollars is $0.09

Shelby traveled to Mexico to a resort and took $100 in U.S. currency. When she exchanged it for pesos, she received
A) 10.3 pesos.
B) 103 pesos.
C) 900 pesos.
D) 1034 pesos.

Respuesta :

The answer is D) 1034 pesos

You can solve this equation by using the simple equation of 10.34 x 100. Hope this helps you!

Answer : The correct option is, (D) 1034 pesos.

Explanation :

As we are given the following conversions of currency.

Value of $1 U.S. in pesos is 10.34

or,

Value of 1 Peso in U.S. Dollars is $0.09

As per given conversion,

$1 U.S. = 10.34  pesos

$100 U.S. = [tex]\frac{\$ 100U.S}{\$ 1U.S}\times 10.34\text{ pesos}[/tex]

                = 1034 pesos

Thus, when she exchanged it for pesos, she received 1034 pesos.