while traveling to europe, phelan exchanged 250 us dollars for euros. he spent 150 euros on his trip. after…

while traveling to europe, phelan exchanged 250 us dollars for euros. he spent 150 euros on his trip. after returning to the united states he converts his money back to us dollars. how much of the original 250 us dollars does phelan now have? round to the nearest cent.\n1 european euro = 1.3687 us dollars\no 44.70 us dollars\no 73.06 us dollars\no 136.87 us dollars\no 140.41 us dollars

while traveling to europe, phelan exchanged 250 us dollars for euros. he spent 150 euros on his trip. after returning to the united states he converts his money back to us dollars. how much of the original 250 us dollars does phelan now have? round to the nearest cent.\n1 european euro = 1.3687 us dollars\no 44.70 us dollars\no 73.06 us dollars\no 136.87 us dollars\no 140.41 us dollars

Answer

Answer:

B. 73.06 US dollars

Explanation:

Step1: Calculate euros exchanged

Since 1 euro = 1.3687 US - dollars, the number of euros Phelan got from 250 US - dollars is $\frac{250}{1.3687}\approx182.66$ euros.

Step2: Calculate remaining euros

He spent 150 euros, so the remaining euros are $182.66 - 150=32.66$ euros.

Step3: Convert remaining euros back to US - dollars

Converting 32.66 euros back to US - dollars, we get $32.66\times1.3687\approx44.70$ dollars.

Step4: Calculate money left from original 250 dollars

The money left from the original 250 dollars is $250-(150\times1.3687)=250 - 205.305 = 73.06$ dollars.