Question

varia is studying abroad in europe. she is required to pay $3,500 (in us dollars) per year to the university; however, she must pay in euros. how many euros can varia expect to pay per month to the university? (round to the nearest whole euro.) 0.7306 euros = 1 us dollar 57, 487 euros 213 euros 2, 557 euros 30, 685 euros

Explanation:

Step1: Convert annual USD to euros

First, find the total euros for the year. Multiply the annual USD payment by the exchange rate. So, \( 3500 \times 0.7306 \) euros.
\( 3500 \times 0.7306 = 2557.1 \) euros per year.

Step2: Convert annual euros to monthly euros

Now, divide the annual euros by 12 to get the monthly amount. So, \( \frac{2557.1}{12} \).
\( \frac{2557.1}{12} \approx 213.09 \), which rounds to 213.

Answer:

213 euros