a certain book is for sale in both belize and brazil. in belize, it sells for 80.39 belize dollars. in…

a certain book is for sale in both belize and brazil. in belize, it sells for 80.39 belize dollars. in brazil, it sells for 63.65 brazilian reals. the exchange rate of us dollars to belize dollars is 1:1.9246, and the exchange rate of us dollars to brazilian reals is 1:1.7880. when converted into us dollars, which country sells the book at a more expensive price, and how much more expensive is it? round all currency values to two decimal places.\na. the book costs $6.17 more in belize than in brazil.\nb. the book costs $11.89 more in brazil than in belize.\nc. the book costs $16.74 more in belize than in brazil.\nd. the book costs the same amount in both countries.

a certain book is for sale in both belize and brazil. in belize, it sells for 80.39 belize dollars. in brazil, it sells for 63.65 brazilian reals. the exchange rate of us dollars to belize dollars is 1:1.9246, and the exchange rate of us dollars to brazilian reals is 1:1.7880. when converted into us dollars, which country sells the book at a more expensive price, and how much more expensive is it? round all currency values to two decimal places.\na. the book costs $6.17 more in belize than in brazil.\nb. the book costs $11.89 more in brazil than in belize.\nc. the book costs $16.74 more in belize than in brazil.\nd. the book costs the same amount in both countries.

Answer

Explanation:

Step1: Convert Belize price to US - dollars

Let the price in US - dollars be $x$. Given the exchange rate of US dollars to Belize dollars is $1:1.9246$. If the price in Belize is $80.39$ Belize dollars, then $x=\frac{80.39}{1.9246}\approx41.77$.

Step2: Convert Brazil price to US - dollars

Let the price in US - dollars be $y$. Given the exchange rate of US dollars to Brazilian reals is $1:1.7880$. If the price in Brazil is $63.65$ Brazilian reals, then $y = \frac{63.65}{1.7880}\approx35.60$.

Step3: Find the price difference

The price difference $\Delta P=x - y$. Substitute $x\approx41.77$ and $y\approx35.60$ into the formula, we get $\Delta P\approx41.77−35.60 = 6.17$.

Answer:

A. The book costs $6.17 more in Belize than in Brazil.