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Verify the Ethereum conversion rate shown in the image using the provided ETH amount and its USD equivalent.

Computer Science

ScanSolve AI Answer

Answer

\1000.00$

Step-by-step solution

4 steps
  1. Identify the given values from the image.

    The image shows the current price of Ethereum (ETH) and a conversion between a USD amount and an ETH amount.

    • Current price of Ethereum: $2,061.82 per ETH
    • Amount of Ethereum displayed: 0.48501 ETH
    • Equivalent USD amount displayed: $1000
  2. Calculate the USD value for 0.48501 ETH using the current price.

    To verify the conversion, multiply the amount of ETH by its current price.

    USD Value=Amount of ETH×Price per ETH\text{USD Value} = \text{Amount of ETH} \times \text{Price per ETH}

    USD Value=0.48501×$2,061.82\text{USD Value} = 0.48501 \times \$2,061.82

  3. Perform the multiplication.

    USD Value=$999.9999822\text{USD Value} = \$999.9999822

  4. Round the calculated USD value to two decimal places.

    The calculated value is approximately 1000.00, which matches the displayed USD amount. $$ \text{USD Value} \approx \boxed{\1000.00} $$ The conversion shown in the image is consistent with the current price of Ethereum.

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