Math

QuestionWhat expression converts 80 USD to AUD using the rates: 1 USD = 1.0343 AUD, 1 AUD = 0.9668 USD?

Studdy Solution

STEP 1

Assumptions1. The amount to be converted is80 USD. . The conversion rates are given as -1 USD =1.0343 AUD -1 AUD =0.9668 USD

STEP 2

We need to convert80 USD to AUD. For this, we need to use the conversion rate that tells us how many AUD is equal to1 USD.
1USD=1.034AUD1 \mathrm{USD}=1.034 \mathrm{AUD}

STEP 3

To convert80 USD to AUD, we multiply the amount in USD by the conversion rate.
AmountinAUD=AmountinUSDtimesConversionrateAmount\, in\, AUD = Amount\, in\, USD \\times Conversion\, rate

STEP 4

Now, plug in the given values for the amount in USD and the conversion rate to calculate the amount in AUD.
AmountinAUD=80USDtimes1.0343AUD1USDAmount\, in\, AUD =80 \mathrm{USD} \\times \frac{1.0343 \mathrm{AUD}}{1 \mathrm{USD}}

STEP 5

The USD units cancel out, leaving us with the amount in AUD.
AmountinAUD=80times1.0343AUDAmount\, in\, AUD =80 \\times1.0343 \mathrm{AUD}So, the correct expression to convert80 USD to AUD is80USDtimes1.0343AUD1USD80 \mathrm{USD} \\times \frac{1.0343 \mathrm{AUD}}{1 \mathrm{USD}}

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