Ask your own question, for FREE!
Mathematics 68 Online
kelvin2:

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 1.35. Will this give the Ruiz family the correct exchange? Explain.

Vocaloid:

this is a little hard to explain w/o giving too much away, but try testing a conversion (say, 100 euros) using both the rounded exchange rate 1.35, and the original exchange rate 1.35261. you might find that the amounts are not equal.

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!