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The exchange rate of U. S. Dollars ($) to Icelandic kr$\text{\'o}$nur (ISK) is $\$1.00 = 120\text{ ISK}$. On a trip to Reykjav$\text{\'\i}$k, Geri orders a meal for $2370\text{ ISK}$. What is the equivalent price in U. S. Dollars and cents? Enter your answer in the form $\$ab.Cd$, where $a, b, c,$ and $d$ are replaced by appropriate digits.

Answer :

Answer:

The equivalent price is $19.75.

Step-by-step explanation:

Given:

The exchange rate of U. S. Dollars ($) to Icelandic krona (ISK) is $1.00=120 ISK.

On a trip to Reykjavik, Geri orders a meal for 2370 ISK.

Now, to find the equivalent price in U. S. Dollars and cents.

As, the exchange rate is:

$1.00 = 120 ISK.

Geri orders a meal for = 2370 ISK.

Now, to find the equivalent price by using conversion factor:

[tex]120 ISK=\$1.00[/tex]

[tex]2370 ISK =\frac{2370}{120} \\\\2370 ISK=\$19.75.[/tex]

Therefore, the equivalent price is $19.75.

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