Answer:
Dollars= $45.46
Step-by-step explanation:
Giving the following information:
Pesos= 1,047.5
Exchange rate:
5 dollars= 115.21
First, we need to determine the exchange rate for 1 dollar:
1 dollar= 115.21/5
1 dollar= 23.042 pesos
Now, for 1,047.5 pesos:
Dollars= total pesos / exchange rate
Dollars= 1,047.5/23.042
Dollars= $45.46