​You're traveling in Ireland and are thinking about buying a new digital camera.​ You've decided​ you'd be willing to pay ​$150 for a new​ camera, but cameras in Ireland are all priced in Euros. If the exchange rate is 0.83 Euros per​ dollar, what's the highest price in Euros​ you'd be willing to pay for a​ camera? A. 124.50 Euros B. 174.70 Euros C. 180.72 Euros D. 128.65 Euros E. 120.35 Euros

Business · College · Wed Jan 13 2021

Answered on

To find the highest price in Euros you'd be willing to pay for the camera, considering your willingness to pay $150, you'll need to convert this amount into Euros using the exchange rate of 0.83 Euros per dollar.

Given:

Your willingness to pay for the camera = $150

Exchange rate = 0.83 Euros per dollar

Convert $150 to Euros:

Price in Euros = $150 * 0.83 Euros per dollar

Price in Euros = 124.50 Euros

Therefore, the highest price in Euros you'd be willing to pay for the camera is A. 124.50 Euros.

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