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. Will this give the Ruiz family the correct exchange?

It will depend on how many euros they intend to convert. If they were only converting one euro they would get $1.35 whichever rate they used, but imagine it was a thousand euros - at the correct rate they would get $1352.61, at the proposed rate they would only get $1350.

Step-by-step explanation:

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.

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.

Step-by-step explanation:

just copy/paste

there are no figures how am i supposed to answer this question

step-by-step explanation:

just needed some points but try socratic