Currency Conversion In May of 2002 the exchange rate for

Chapter 1, Problem 1.359

(choose chapter or problem)

Currency Conversion In May of 2002 the exchange rate for converting U.S. dollars (x) to euros (y) was y = 108x.

(a) How many euros could you get for $100 U.S.?

(b) What is the inverse function, and what conversion does it represent?

(c) In the spring of 2002, a tourist had an elegant lunch in Provence, France, ordering from a fixed price 48-euro menu. How much was that in U.S. dollars?

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