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Identify the amount to be converted and the exchange rate.

Economics

ScanSolve AI Answer

Answer

40 USD\text{40 USD}

Step-by-step solution

3 steps
  1. Identify the amount to be converted and the exchange rate.

    The cost is K150, and the exchange rate is 1 USD = K3.80.

  2. Convert Kina to USD.

    To find out how many USD K150 is worth, divide the Kina amount by the exchange rate.

    USD=Kina amountExchange rate\text{USD} = \frac{\text{Kina amount}}{\text{Exchange rate}} USD=1503.80\text{USD} = \frac{150}{3.80} USD≈39.47368...\text{USD} \approx 39.47368...
  3. Round up to the nearest whole dollar.

    Since the tourist needs to cover the bill, and the calculated amount is 39.47,roundinguptothenearestwholedollarmeansthetouristmustprovide39.47, rounding up to the nearest whole dollar means the tourist must provide 40.

    Rounded USD=⌈39.47368...⌉=40\text{Rounded USD} = \lceil 39.47368... \rceil = 40

    The tourist needs to give:
    40 USD\boxed{\text{40 USD}}

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