$
$
$
$
Explanation
Correct answer: A.
Choice A is correct. At the exchange rate of peso = US dollars, pesos would be converted to US dollars. However, since Marta pays a fee on the converted US dollar amount, she receives only , or , of the converted US dollars, and US dollars.
Desmos solution:
Note: Evaluate the converted amount after the 2% fee in one step: 7500 × 0.075 × 0.98.
Enter in Desmos:
Reviewed and rewritten by CookSAT
Why the other choices are wrong
Choice B
Choice B is incorrect. This is the number of US dollars Marta would receive if the exchange service did not charge a fee.
Choice C
Choice C is incorrect and may result from a decimal point error made when calculating the conversion to US dollars and from not assessing the fee.
Choice D
Choice D is incorrect and may result from reversing the units of the exchange rate.