Rapheal is enrolled as a foreign-exchange student. He is from Canada and is going to attend school in Texas. His mother sent him $500 in Canadian Dollars for 5 months. How much money, on average, is he allowed to spend per month in US Dollars? The exchange rate is $0.82 USD = 1 CAD

Question

tkhunny · Answer

1) Absolutely silly question.  The amount of money sent is only somewhat connected to the amount he is allowed to spend.

2) Okay, fine.Why not just convert the funds?  $500\;CD \cdot\dfrac{0.82\;USD}{1\;CD}$.

Go!

anonymous · Answer

410?

tkhunny · Answer

Why do you doubt?  So, $500 CD = $410 USD

Of course, he had 5 months, so it may be easier to divide the CD amongst the 5 months.

$500 CD / 5 months = $100 CD / month

This is pretty obviously $83 USD / month.

anonymous · Answer

got it. thank you!

tkhunny · Answer

83?  Typo.  82 is much more obvious.  Sorry about that.