While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States he converts his money back to US dollars. How much of the original 250 US dollars does Phelan now have?

1 European euro = 1.3687 US dollars

A. 44.70 US dollars
B. 73.06 US dollars
C. 136.87 US dollars
D. 140.41 US dollars

If Phelan spent 150 Euros on his trip and converts his left over money back to U.S dollars at an exchange rate 1 Euro =1.3687 U.S Dollars, he will have approximately $44.70 dollars left. The correct answer is A.

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ogorwyne ogorwyne · Answer 2 · 2021-10-22T13:47:37+02:00

The amount that he has now in dollars is 44.70 US dollars

The question says that the amount of USD that Phelan had was 250.

If 1 Euro is 1.3687, we have to convert this 250$ to Euros so that he can use the money in Europe.

1 euro = 1.3687 USD

? = 250 USD

We cross multiply at this stage

1€ x 250$ = 1.3687$

We have to divide through by 1.3687

[tex]\frac{250}{1.3687} = 182.6551[/tex]

After converting the 250 dollars he has 182.66 Euros.

The question says that he spent 150 euros on this trip

180.66- 150 = 36.66 Euros.

We have to convert 36.66 Euros back to dollars.

= 36.66x1.3687

= 44.70 dollars

In conclusion the amount that he has now in dollars is 44.70 US dollars

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