kaylenb8459
Answered

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You read about a new invention in Techtopia. You consider traveling there instead. How much would your $100 be in Techtopian dollars? (PLEASE show your work!)

Sagot :

sandlee09

Answer:

$100 TPA

Explanation:

After a quick online search, the exchange rate of United States dollars (USD) to Techtopian dollars (TPA) is

1 USD = 1 TPA

Meaning that the value of the United States Dollar and the Techtopian dollar is the exact same. Normally, you would multiply the amount of USD by the exchange rate but since they are both the same then you would have the same amount of money in both currencies. Therefore, since you travel with $100 USD, when you exchange that money for Techtopian dollars you would have $100 TPA

Phazze

It would be cheaper to buy from Crosswater.

Why it would be cheaper to buy from Crosswater?

Travelers need to exchange money when entering said country since they use a different currency, So the traveler will need to trade in $3 U.S dollars for $50 CSW dollars.

$100 U.S * $20 CSW = $2000 CSW

$100 U.S * $1 = $100 TPA

100 TPA = $100 USD  

1,000 CSW = $50 USD

With this, It would be cheaper to buy from Crosswater. While Techtopia is more expensive USD at $100, Crosswater's part is only $50 USD.

Learn more about currency here: brainly.com/question/329739

#SPJ2

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