26. Financial Literacy Theo, who lives in the United States, is planning a trip to Berlin, Germany. Before the trip, he goes to his bank to exchange dollars for euros. The bank offers the exchange rate shown. The symbol for euros is 6 .) A. Write an equation that gives the number \( E \) of curos Theo receives as a function of the number D of dollars he exchanges. B. Write an equation for the inverse of the function from Part A. C. When Theo returns from his trip, he still has 6300 . If he exchanges his euros for dollars at the exchange rate shown, how many dollars will he receive?
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To tackle Theo's currency exchange, let's break it down step by step! For part A, if the exchange rate is \( R \) euros for every dollar, then the equation expressing euros received \( E \) as a function of dollars exchanged \( D \) would be: \[ E = R \times D \] For part B, the inverse function would be exchanging euros back to dollars. The equation would be: \[ D = \frac{E}{R} \] For part C, if Theo exchanges his 6300 euros back to dollars using the same exchange rate \( R \), he will receive: \[ D = \frac{6300}{R} \] If we assume an example exchange rate of \( R = 0.85 \), substituting this into the equation gives Theo about \( D \approx 7411.76 \) dollars after conversion! Now Theo can enjoy his time in Berlin with a better understanding of currency exchange!