In June 2016, you travel to France on vacation and stayed at a hotel in Paris. In January 2018, you took another trip to the same hotel for the same number of nights. The price of the room was 300 euros per night, the same as it was on your 2016 trip. The cost of your hotel bill on the 2018 trip (in U.S. dollars) compared to the cost of the 2016 trip was _____.

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07-03-2022
Business

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In June 2016, you travel to France on vacation and stayed at a hotel in Paris. In January 2018, you took another trip to the same hotel for the same number of nights. The price of the room was 300 euros per night, the same as it was on your 2016 trip. The cost of your hotel bill on the 2018 trip (in U.S. dollars) compared to the cost of the 2016 trip was _____.

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Parrain Parrain · Answer 1 · 2022-03-18T10:37:42+01:00

In 2018, your hotel bill in dollars compared to the cost in 2016 would have been more.

Why would the cost be higher?

In the year 2016 the U.S. dollar could buy more Euros that it could in the year 2018.This means that the Euro got stronger.

With the Euro being stronger in 2018 than it was in 2016, spending in Euros would attract more U.S. dollars being spent so the cost of the hotel bill would have been more in 2018.

Find out more on exchange rates at https://brainly.com/question/1297745.