Subjects finance

Currency Exchange 8Cd038

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1. **State the problem:** Olivia wants to exchange £250 into dollars. We need to find how many more dollars she would get at the travel agent compared to the post office. 2. **Given exchange rates:** - Post office: £1 = $1.27 - Travel agent: £1 = $1.36 3. **Calculate dollars received at each place:** - Post office dollars = £250 \times 1.27 = $317.50 - Travel agent dollars = £250 \times 1.36 = $340.00 4. **Find the difference:** $$340.00 - 317.50 = 22.50$$ 5. **Answer:** Olivia would get $22.50 more at the travel agent than at the post office.