A business based in Greece pays a consultant in the U.S. 86,680 euro per year. Assume that the conversion is 1 euro to 1.09 dollars. What is the consulte satary in dollars per month? First fill in the two blanks on the left side of the equation using two of the ratios. Then write your answer rounded to the nearest hundredth on the right s the equation. Ratios: \( \frac{1 \mathrm{yr}}{12 \mathrm{mo}} \) 1.09 dollars 1 curo \( \frac{1 \text { aro }}{1.09 \text { dollars }} \) Euna stollars \( y \) 12 mo 1 yr \( \square \) \[ =\square \frac{\text { dollarn }}{\mathrm{mo}} \]

We start with the annual salary in euros and convert it to dollars and then to a monthly salary. The two conversion factors (ratios) we’ll use are:   1.09 dollars / 1 euro          (“1 euro equals 1.09 dollars”)   1 year /  12 months        (“1 year equals 12 months”) Place these ratios into the equation as follows:   86,680 euros/year × (1.09 dollars / 1 euro) × (1 year / 12 months) = ______ dollars/month Now, let’s do the math step by step: 1. Convert euros to dollars:   86,680 euros/year × 1.09 dollars/euro = 94,481.20 dollars/year 2. Convert annual dollars to monthly dollars:   94,481.20 dollars/year ÷ 12 months/year = 7,873.43 dollars/month Rounded to the nearest hundredth, the consultant’s salary is approximately 7,873.43 dollars per month.