Math Problem Statement

Use the currency exchange rates in the table for the following question. Your dinner in Tokyo cost 11 comma 700 Japanese yen. How much was it in U.S.​ dollars? Currency Dollars per Foreign Foreign per Dollar top number is dollars per foreign. bottom is foreign per dollar British pound 1.356 0.7376 Canadian dollar 0.7828 1.277 European euro 1.225 0.8165 Japanese yen 0.009694 103.2 Mexican peso 0.05035 19.86 Question content area bottom Part 1 Your dinner cost ​$    enter your response here in U.S. dollars. ​(Round to two decimal places as​ needed.)

Solution

To find out how much your dinner in Tokyo cost in U.S. dollars, you need to use the exchange rate provided for Japanese yen.

The exchange rate given is:

  • Dollars per Japanese yen: 0.009694

The cost of your dinner in Japanese yen is 11,700 yen.

To convert this to U.S. dollars, multiply the amount in yen by the exchange rate:

Cost in USD=11,700×0.009694\text{Cost in USD} = 11,700 \times 0.009694

Let's calculate that:

Cost in USD=113.4198\text{Cost in USD} = 113.4198

Rounding to two decimal places:

Cost in USD113.42\text{Cost in USD} \approx 113.42

So, your dinner in Tokyo cost $113.42 in U.S. dollars.

Would you like more details or have any questions?

Here are 5 related questions you might consider:

  1. How do you calculate currency conversion for multiple items with different prices?
  2. What are the factors that influence exchange rates between currencies?
  3. How do you convert U.S. dollars back to Japanese yen?
  4. What is the difference between "dollars per foreign" and "foreign per dollar"?
  5. How would the cost change if the exchange rate for yen fluctuated?

Tip: Always double-check the direction of conversion when dealing with currency exchange to ensure you're using the correct rate.

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Math Problem Analysis

Mathematical Concepts

Currency Conversion
Multiplication
Rounding

Formulas

Cost in USD = Amount in JPY * Dollars per Japanese Yen

Theorems

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Suitable Grade Level

Grades 6-8