Question

The Ruiz family is exchanging euros for US dollars. The exchange rate is 1 euro equals 1.35261 USD. Since the Ruiz family knows that USD are stated to the nearest hundredth of a dollar, they used the conversion ratio **1 euro = 1.35 dollar** Will this give the Ruiz family the correct exchange? Explain.

Answer 1

I cant help you but I know someone who can

Answer 2

oh @Shadow

Answer 3

@KittyGirl thank u

Answer 4

no prob

Answer 5

I have added the missing information to the question

the family cannot use 1 euro = 1.35 dollar. When converting, you must use the original conversion factor first, and then round down to the appropriate decimal place, not the other way around, or else the loss of significant digits will result in the family losing money.