Ask Question
BusinessBusiness
9 March, 05:40

While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States he converts his money back to US dollars. How much of the original 250 US dollars does Phelan now have?

1 European euro = 1.3687 US dollars

A. 44.70 US dollars

B. 73.06 US dollars

C. 136.87 US dollars

D. 140.41 US dollars

+5
Answers (1)
  1. 9 March, 06:03
    0
    If Phelan spent 150 Euros on his trip and converts his left over money back to U. S dollars at an exchange rate 1 Euro = 1.3687 U. S Dollars, he will have approximately $44.70 dollars left. The correct answer is A.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
How do economists sometimes measure physical capital in a country?
Answers (1)
Owners' equity is the dollar value that remains after the total liabilities of a business are subtracted from its total assets. a. true b. false
Answers (1)
Your friend is a business owner in a market economy. What decides how to allocate the productive resources he uses?
Answers (1)
5x+2y=2 2x+y-z=0 2x+3y-z=3
Answers (1)
The amount of sales tax collected by a retail store when making sales is
Answers (1)
New Questions in Business
A retail space was leased for $1,200 per month; the owner also pays the shopping center 8% of gross income which is $50,000 monthly. how much does the owner pay annually?
Answers (1)
Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary difference of $100,000 (taxed at 34 percent). During the year, Robinson reported pretax book income of $400,000.
Answers (1)
Your client wants to transfer $500 from their checking account into a savings account to cover tax liabilities for sales made last month. Where should they start the process?
Answers (1)
While working out at the gym you hear a group of individuals making obscene remarks about your body. You feel like you are being sexually harassed. Which of the following is a technique to deal with sexual harassment?
Answers (1)
Suppose that, in an attempt to combat severe unemployment, the government decides to increase the amount of money in circulation in the economy.
Answers (1)
Home » Business » While traveling to Europe, Phelan exchanged 250 US dollars for euros. He spent 150 euros on his trip. After returning to the United States he converts his money back to US dollars.
Sign Up Forgot Password?