on october 23, 2011, one south african rand was worth 0.12 u.s. dollars. (a) on that date, how many dollars…

on october 23, 2011, one south african rand was worth 0.12 u.s. dollars. (a) on that date, how many dollars was 184.04 rand worth? round your answer to the nearest hundredth of a dollar. dollars (b) on that date, how many rand was 29.11 dollars worth? round your answer to the nearest hundredth of a rand. rand

on october 23, 2011, one south african rand was worth 0.12 u.s. dollars. (a) on that date, how many dollars was 184.04 rand worth? round your answer to the nearest hundredth of a dollar. dollars (b) on that date, how many rand was 29.11 dollars worth? round your answer to the nearest hundredth of a rand. rand

Answer

Explanation:

Step1: Calculate value in dollars for (a)

We know 1 rand = 0.12 dollars. To find the value of 184.04 rand in dollars, we multiply the number of rand by the exchange - rate. So, $184.04\times0.12$. $184.04\times0.12 = 22.0848\approx22.08$ (rounded to the nearest hundredth)

Step2: Calculate value in rand for (b)

If 1 rand = 0.12 dollars, then 1 dollar=$\frac{1}{0.12}$ rand. To find the value of 29.11 dollars in rand, we multiply 29.11 by $\frac{1}{0.12}$. So, $29.11\div0.12=\frac{29.11}{0.12}\approx242.5833\approx242.58$ (rounded to the nearest hundredth)

Answer:

(a) 22.08 dollars (b) 242.58 rand