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An American has 20,000 Euros and travels to Kenya. After spending 2,512,000 Kenyan Shillings, they want to convert the remaining money back to US Dollars. Using the provided exchange rates, calculate
Mathematics
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4 stepsConvert Euros to Kenyan Shillings (Ksh).
The American has 20,000 Euros and wants to convert them to Kenyan Shillings. The bank is buying Euros from the customer.
From the table, the bank's buying rate for 1 Euro is Ksh 147.86.Subtract the amount spent in Kenya.
The American spent Sh. 2,512,000.
Convert the remaining Kenyan Shillings to US Dollars.
The American wants to convert the remaining Ksh into US Dollars. The bank is selling US Dollars to the customer.
From the table, the bank's selling rate for 1 US Dollar is Ksh 74.50.Round the final amount to two decimal places (standard for currency).
The final answer is .
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