Myra asked Annabelle to buy her some perfume while she was in France. Annabelle paid 200 euros for it. Myra wants to pay Annabelle back in U.S. dollars. If the foreign exchange rate between the U.S. dollar and the euro is 1:0.7, how much should Myra pay Annabelle?
This is a problem about ratio. To find the amount of dollars Myra needs to pay Annabelle, think that the ratio is ?:200. Divide 200 by 0.7, and you should end up with about $285.71. Answer: $285.71 Hope this helps! :)
