If a couple plans to stay at a hotel for a week on the beaches of Tulum, Mexico, and it costs 7,000 pesos, _____.
(A) With an exchange rate of 9.5 pesos per dollar, the hotel stay will cost $777.77.
(B) With an exchange rate of 11 pesos per dollar, the hotel stay will cost $636.36.
(C) With an exchange rate of 9 pesos per dollar, the hotel stay will cost $823.53.
(D) With an exchange rate of 12 pesos per dollar, the hotel stay will cost $608.70.
Ans: (B) With an exchange rate of 11 pesos per dollar, the hotel stay will cost $636.36.
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