Questions: On December 13, 2007, one Chinese yuan was worth 0.14 U.S. dollars. (a) On that date, how many yuan was 29.11 dollars worth? Round your answer to the nearest hundredth of a yuan. yuan (b) On that date, how many dollars was 191.77 yuan worth? Round your answer to the nearest hundredth of a dollar. dollars

On December 13, 2007, one Chinese yuan was worth 0.14 U.S. dollars. (a) On that date, how many yuan was 29.11 dollars worth? Round your answer to the nearest hundredth of a yuan. yuan (b) On that date, how many dollars was 191.77 yuan worth? Round your answer to the nearest hundredth of a dollar. dollars
Transcript text: On December 13, 2007, one Chinese yuan was worth 0.14 U.S. dollars. (a) On that date, how many yuan was 29.11 dollars worth? Round your answer to the nearest hundredth of a yuan. $\square$ yuan (b) On that date, how many dollars was 191.77 yuan worth? Round your answer to the nearest hundredth of a dollar. $\square$ dollars
failed

Solution

failed
failed

Solution Steps

Step 1: Convert USD to CNY

Given an amount of $29.11 USD and an exchange rate of 0.14 USD/CNY, the formula to convert USD to CNY is: $$ \text{Amount in Yuan} = \frac{\text{Amount in Dollars}}{\text{Exchange Rate}} $$

Step 2: Calculation

Substituting the given values into the formula, we get: $$ \text{Amount in Yuan} = \frac{29.11}{0.14} = 207.93 $$

Final Answer:

The equivalent amount in Chinese yuan is ¥207.93.

Step 1: Convert CNY to USD

Given an amount of ¥191.77 CNY and an exchange rate of 0.14 USD/CNY, the formula to convert CNY to USD is: $$ \text{Amount in Dollars} = \text{Amount in Yuan} \times \text{Exchange Rate} $$

Step 2: Calculation

Substituting the given values into the formula, we get: $$ \text{Amount in Dollars} = 191.77 \times 0.14 = 26.85 $$

Final Answer:

The equivalent amount in U.S. dollars is $26.85.

Was this solution helpful?
failed
Unhelpful
failed
Helpful

Questions asked by other users

failedAnswered
Share of old age population (65 years and older) in the total U.S. population from 1950 to 2050 Percentage of total population 7%, 8%, 9%, 10%, 11%, 12.5%, 13%, 15%, 17.5%, 20%, 22.5%, 25% 1950, 1960, 1970, 1980, 1990, 2000, 2010, 2020, 2030, 2040, 2050 8%, 9%, 11.3%, 12.5%, 12.4%, 13.1%, 15.3%, 16.9%, 17.3%, 20.6%, 21.6%, 22% Source: Own illustration based on U.S. Census Bureau, 1950 to 2000; U.S. Census Bureau, 2012b for years 2010 to 2050. U.S. Census Bureau
failedAnswered
It has been conjectured by the U.S. Census Bureau that "approximately 60% of foreign-born people who live in the U.S. are not naturalized citizens". Suppose that in a national random sample of 70 foreign-born people who live in the U.S., on average, how many people would you expect to get that are not naturalized citizens. Select the best answer below. 28 42 48 50 None of the above
failedAnswered
A child admitted to the hospital for meningitis suddenly reports stomach cramps, anorexia, and vomiting. The nurse finds the child to be irritable with altered consciousness. The child's serum sodium levels are found to be 120 mEq / L. Which would be the most appropriate immediate next step of the nurse? - Restrict oral fluids. - Give intravenous fluids. - Restrict sodium consumption. - Administer analgesic and antiemetic drugs.
failedAnswered
A(n) is a measure of how strongly two variables are related to one another. Select one answer. A. outcome variable B. correlation C. common-causal variable D. predictor variable
failedAnswered
Approximately how many Texans and southern volunteers died during the Alamo siege? A. 0 B. 20 C. 200 D. 2,000