We read your photo as:

Identify the given amount in FRW and the exchange rate.

Economics

ScanSolve AI Answer

Answer

20 USD\text{20 USD}

Step-by-step solution

3 steps

Here's the solution for question 27:

  1. Identify the given amount in FRW and the exchange rate.

    The father has 11,000 frw11,000 \text{ frw}.
    The exchange rate is 550 frw=1 USD550 \text{ frw} = 1 \text{ USD}.

  2. Calculate how many dollars can be bought by dividing the total FRW by the exchange rate.

    Amount in USD=Total FRWFRW per USD\text{Amount in USD} = \frac{\text{Total FRW}}{\text{FRW per USD}}
  3. Substitute the given values and perform the calculation.

    Amount in USD=11,000 frw550 frw/USD\text{Amount in USD} = \frac{11,000 \text{ frw}}{550 \text{ frw/USD}} Amount in USD=110055 USD\text{Amount in USD} = \frac{1100}{55} \text{ USD} Amount in USD=20 USD\text{Amount in USD} = 20 \text{ USD}

    The father can buy a) 20 USD\text{20 USD}.

Was this helpful?

Try one yourself

A new problem that tests the same skill.

Still stuck on this one?

Ask a follow-up, and the answer starts from this question.

Got a different question?Ask your own question