On a backpacking trip through Europe, Troy spent 20 Swiss francs to stay one night in a youth hostel. If the foreign exchange rate between the U.S. dollar and the Swiss franc is 1:2.2, how much did Troy spend in U.S. dollars?
$1 = 2.2 Franc
1 Franc = $1 / 2.2
20 Francs = ($1/ 2.2) x 20
Hence,
Troy spend in U.S. dollars = 9.09 USD.
Answer: \(9.09\text{ US dollars}\)
Step-by-step explanation:
Given: The amount spent by Troy to stay one night in a youth hostel= 20 Swiss francs
The foreign exchange rate between the U.S. dollar and the Swiss franc is 1:2.2
It means 1 US dollar = 2.2 Swiss francs
Thus, 1 Swiss francs =\(\frac{1}{2.2}\) US dollar
Therefore, the amount spent by Troy to stay one night in a youth hostel (in US dollars)=\(20\times\frac{1}{2.2}=9.090909090\approx9.09\text{ US dollars}\)