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Assume the exchange rate between the Chinese yuan renminbi and U.S. dollars is 6.80344 yuan...

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Finance

Assume the exchange rate between the Chinese yuan renminbi and U.S. dollars is 6.80344 yuan per $1.(See Example 9 in this section.)
(a)
If a Chinese tourist purchased a vacation package for $8,500, what is the cost of the vacation in yuan? Round to the nearest yuan.
Incorrect: Your answer is incorrect.
yuan
(b)
A U.S. business executive entertained clients at a restaurant in China at a cost of 1,769 yuan. What is the cost of the restaurant bill in U.S. dollars? Round to the nearest cent.
$

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