Albania is an Eastern European country that uses a currency called the Albanian Lek (ALL). Right now, $1 (1 USD) exchanges for 106.40 ALL. How many dollars (USD) could you exchange for 1,000,000 ALL? 1,000,000 ALL = USD. Round your answer to two (2) decimal places. *

$9398.50

Step-by-step explanation:

Given

Required

Equivalent of 1,000,000 ALL

We have:

and

Cross Multiply

Solve for x

-- Approximated

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!