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17 February, 20:32

Traveling between countries means exchanging money. Suppose the exchange rate is 3 dollars to 2 Euros. How many Euros would you receive in exchange for 1 dollar

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  1. 17 February, 23:19
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    Answer:you would receive 2/3 euros in exchange for 1 dollar.

    Step-by-step explanation:

    Suppose the exchange rate is 3 dollars to 2 Euros, we want to determine the number of Euros that you would receive in exchange for 1 dollar. Let x euros equal 1 dollar.

    Therefore,

    3 dollars = 2 euros

    1 dollar = x euros

    Cross multiplying,

    3x = 2

    x = 2/3 euros
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