document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1038115>Question 1038115</A>: <I><SPAN STYLE=\"word-break: break-all;\"> Anna is a student who frequently uses her American debit card to make purchases when traveling abroad. When she makes a purchase, the bank converts the purchase price at a daily foreign exchange rate and than charges a 3% fee on the converted price. \r<BR>\n" );
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document.write( "Anna also converts cash from one currency to another at her bank. To convert cash into a different currency, her bank uses the daily foreign exchange rates and charges a 2.5% fee on the converted cost. \r<BR>\n" );
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document.write( "In Mexico, Anna used her debit card for a purchase that cost 235 pesos. The bank than charged her card 18.62 U.S dollars, including the 3% conversion fee. What foreign exchange rate, in Mexican pesos per U.S dollar, did the bank use for Anna's purchase? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #652837 by </B><A HREF=/tutors/aboutme.mpl?userid=jorel555><B>jorel555(1290)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=jorel555><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=652837\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> The conversion fee is 3%, so 1.03 times her money is 18.62. Therefore, the amount of her purchase was:<BR>\n" );
document.write( "18.62/1.03=$18.08<BR>\n" );
document.write( "235/18.08=13 pesos to the dollar exchange rate!!!!!!!!!!!!! </SPAN>\n" );
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