document.write( "Question 1004520: The students want to order special paint to make the set look nice. The price for paint is 65 euros. The students know that the exchange rate is currently 30 euros for 27 dollars. How much will the paint cost in dollars ? \n" ); document.write( "
Algebra.Com's Answer #620994 by Edwin McCravy(20055)![]() ![]() You can put this solution on YOUR website! \r\n" ); document.write( "\r\n" ); document.write( "That's not the present rate of exchange. The euro is\r\n" ); document.write( "worth more than the US dollar, not less. But pretending\r\n" ); document.write( "it is \"30 euros for 27 dollars\", which is wrong, the\r\n" ); document.write( "problem is\r\n" ); document.write( "\r\n" ); document.write( "€65 $27\r\n" ); document.write( "——— × ——— = $58.50 \r\n" ); document.write( " 1 €30\r\n" ); document.write( "\r\n" ); document.write( "But the present rate is €100 = $107, so the actual price\r\n" ); document.write( "in dollars today is\r\n" ); document.write( "\r\n" ); document.write( "€65 $107\r\n" ); document.write( "——— × ———— = $69.55 \r\n" ); document.write( " 1 €100\r\n" ); document.write( "\r\n" ); document.write( "Edwin \n" ); document.write( " \n" ); document.write( " |