You just returned from some extensive traveling throughout the Americas. You started your trip with $10,000 in your pocket. You spent 1.4 million pesos while in Chile. You spent another 40,000 bolivars in Venezuela. Then on the way home,you spent 34,000 pesos in Mexico. How many dollars did you have left by the time you returned to the U.S. given the following exchange rates?

Question

Quizplus · Accepted Answer

1.4 million Chilean pesos = $1,785.71 (using an exchange rate of 1 USD = 785 CLP)
40,000 Venezuelan bolivars = $4.44 (using an exchange rate of 1 USD = 9,000 VEF)
34,000 Mexican pesos = $1,750.52 (using an exchange rate of 1 USD = 19.43 MXN)

Total spent in USD = $1,785.71 + $4.44 + $1,750.52 = $3,540.67
Starting with $10,000 and subtracting the total spent, we get:

$10,000 - $3,540.67 = $6,459.33

Therefore, the correct answer is D) $4,244.

You Just Returned from Some Extensive Traveling Throughout the Americas