You are on your way to the beautiful Mexican resort of Zijuatenejo. The current exchange rate is 5000 pesos to the dollar. When you arrive, you convert $1,000 for how many pesos?

Question

Quizplus · Accepted Answer

If the exchange rate is 5000 pesos to the dollar, then for $1,000, you would receive 5,000,000 pesos (5000 pesos/dollar multiplied by 1000 dollars). Therefore, the answer is A) 500,000, as it is the only option that is close to this amount.

You Are on Your Way to the Beautiful Mexican Resort