Respuesta :
The problem is saying that 17/20 times the number of dollars equals the number of euros converted. Which in this case to solve your problem, 17/20 times one equals 17/20.
Answer:
0.85 euros have the same price as 1 dollar based on this rate conversion.
Step-by-step explanation:
This is a case of a money conversion, we have the rate of conversion and we have to found how many Euros have the same value as 1 dollar, this is:
[tex]Euro=\frac{17}{20} *Dollar[/tex]
If we have 1 dollar we can find the amount of Euros:
[tex]Euro=\frac{17}{20} * 1 dollar[/tex]
[tex]Euro=0.85[/tex]
0.85 euros have the same price as 1 dollar based on this rate conversion.