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
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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.