Homework Answers
Savings = $5,000
Mexico trip costs 36,667 pesos
Exchange rate: 0.15 $/Pesos
Mexico trip cost in $ = 0.15 * 36,667 = $5,500.05 (You are short of $500.05 - Options B and C are incorrect)
Brazil trip costs 11,538 real
Exchange rate: 0.39 $/real
Brazil trip cost in $ = 0.39 * 11,358 = $4,429.62 (We have enough savings to take Brazil trip - Options D and E are incorrect)
So, option A is correct. Go to Brazil
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