QuestionWhat is the cost of a 2.3 thousand GBP ticket in U.S. dollars at the exchange rate of 1 \$ = 0.82 GBP? Round to the nearest dollar. Show calculations.
Studdy Solution
STEP 1
Assumptions1. The cost of the ticket is.3 thousand GBP. The current exchange rate is1 U.S. dollar =0.82 GBP3. We need to round the final answer to the nearest whole dollar
STEP 2
First, we need to convert the cost of the ticket from thousand GBP to GBP.
STEP 3
Now, plug in the given value for the cost in thousand GBP to calculate the cost in GBP.
STEP 4
Calculate the cost in GBP.
STEP 5
Now that we have the cost in GBP, we can convert this to U.S. dollars using the given exchange rate.
STEP 6
Plug in the values for the cost in GBP and the exchange rate to calculate the cost in U.S. dollars.
STEP 7
Calculate the cost in U.S. dollars.
STEP 8
Now that we have the cost in U.S. dollars, we need to round this to the nearest whole dollar.
STEP 9
Calculate the rounded cost in U.S. dollars.
The cost of the ticket in U.S. dollars is $2805.
Was this helpful?