geoffery went on a trip across south america. he took 1,750 us dollars (usd) with him. in chile, he traded…

geoffery went on a trip across south america. he took 1,750 us dollars (usd) with him. in chile, he traded his money for chilean pesos (clp) at a rate of usd:clp = 1:496.5000. he spent 217,513 pesos before he went to venezuela. in venezuela, he traded his chilean pesos for venezuelan bolivars (vef) at a rate of clp:vef = 1:0.1283. during his time in venezuela, he spent 38,422.19 bolivars. at his next stop, paraguay, he traded his venezuelan bolivars for paraguayan guarani (pyg) at a rate of vef:pyg = 1:1063.9500. he spent 12,857,441.39 guarani before returning to the united states, where he traded his paraguayan guarani for us dollars at a rate of pyg:usd = 1:0.00002186. how much money did geoffery have remaining, in us dollars? round all currency values to two decimal places.\na. $1,353.13\nb. $768.98\nc. $662.60\nd. $281.06
Answer
Answer:
c. $662.60
Explanation:
Step1: Calculate Chilean pesos
$1750\times496.5000 = 866875$ CLP
Step2: Calculate remaining Chilean pesos
$866875 - 217513=649362$ CLP
Step3: Calculate Venezuelan bolivars
$649362\times0.1283 = 83313.1446$ VEF
Step4: Calculate remaining Venezuelan bolivars
$83313.1446 - 38422.19 = 44890.9546$ VEF
Step5: Calculate Paraguayan guarani
$44890.9546\times1063.9500=47775772.87$ PYG
Step6: Calculate remaining US - dollars
$47775772.87\times0.00002186\approx662.60$ USD