Explaining how to convert currency
the ruiz family is exchanging euros for us dollars. the
exchange rate is 1 euro equals 1.35261 usd. since the
ruiz family knows that usd are stated to the nearest
hundredth of a dollar, they used the conversion ratio
| 1.35 usd). will this give the ruiz family the correct
| 1 euro unit
exchange? explain.
yes, because the digits are properly applied
sample response: no, by rounding the conversion
ratio, the ruiz family will not be getting the most
accurate answer. using the more accurate conversion
ratio will give an answer with more than 2 decimal
places so the answer can accurately be rounded after
the conversion
what did you include in your response? check all that
apply.