From the currency exchange rate table shown in Table 5 - 2, 1.0000 EUR (euro) is equivalent

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From the currency exchange rate table shown in Table 5 - 2, 1.0000 EUR (euro) is equivalent to 0.7338 USD (U.S. dollars). Use proportion to convert $2,500 to EUR.
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...
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Business Math

ISBN: 978-0133011203

10th edition

Authors: Cheryl Cleaves, Margie Hobbs, Jeffrey Noble

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