Question

Isabella changes 700 euros to pounds sterling for her trip to England. The exchange rate is 1 euro = £0.72 How many pounds will she get?

Answer 1

Answer:

700/1=700

Th ratio is 700 times more so we multiply by 700

700 x 0.72 = 504

504 pounds

Hope this helps

Step-by-step explanation:

Answer 2

She will get 504 pounds by multiplying 700×0.72= 504.

What is the benefit of changing currency?

Official currency substitution helps to promote fiscal and monetary discipline and thus greater macroeconomic stability and lower inflation rates, to lower real exchange rate volatility, and possibly to deepen the financial system.

Can you change the currency at the bank?

Many banks offer currency exchange to their customers. Though there may be a small fee, your bank or credit union will almost always be the best place to exchange currency (and the cheapest).

Learn more about Currency here https://brainly.com/question/24373500

#SPJ2