Answer:
The solution is shown in attached figure.
Step-by-step explanation:
In table 1,
US currency (Dollars) Foreign currency
50.00 31.50
The foreign currency per US dollar is
[tex]\frac{31.50}{50}=0.63[/tex]
Therefore 0.63 is not equal to the exchange rate of Mexican peso and euro.
In table 2,
US currency (Dollars) Foreign currency
20.00 14.60
The foreign currency per US dollar is
[tex]\frac{14.60}{20}=0.73[/tex]
Therefore 0.73 is equal to the exchange rate of euro.
In table 3,
US currency (Dollars) Foreign currency
25.00 18.25
The foreign currency per US dollar is
[tex]\frac{18.25}{25}=0.73[/tex]
Therefore 0.73 is equal to the exchange rate of euro.
In table 4,
US currency (Dollars) Foreign currency
40.00 724.80
The foreign currency per US dollar is
[tex]\frac{724.80}{40}=18.12[/tex]
Therefore 18.12 is equal to the exchange rate of Mexican peso.
In table 5,
US currency (Dollars) Foreign currency
15.00 271.80
The foreign currency per US dollar is
[tex]\frac{271.80}{15}=18.12[/tex]
Therefore 18.12 is equal to the exchange rate of Mexican peso.
