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Assume You Just Returned from Some Extensive Traveling Throughout the Americas

Question 71

Multiple Choice
Assume you just returned from some extensive traveling throughout the Americas. You started your trip with $20,000 in your pocket. You spent 3.1 million pesos while in Chile and 548,200 pesos in Colombia. Then on the way home, you spent 47,500 pesos in Mexico. Assume the exchanges rates you encountered were $1 = Ps562 in Chile; $1 = Ps1,928 in Colombia; and $.0767 = Ps in Mexico. How many dollars did you have left by the time you returned to the U.S.?

Assume you just returned from some extensive traveling throughout the Americas. You started your trip with $20,000 in your pocket. You spent 3.1 million pesos while in Chile and 548,200 pesos in Colombia. Then on the way home, you spent 47,500 pesos in Mexico. Assume the exchanges rates you encountered were $1 = Ps562 in Chile; $1 = Ps1,928 in Colombia; and $.0767 = Ps in Mexico. How many dollars did you have left by the time you returned to the U.S.?


A) $11,113
B) $10,556
C) $4,117
D) $4,244
E) $8,575

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