When exchanging US Dollars (USD) for Philippine Peso (PHP) the number of Philippine Pesos received...
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Accounting
When exchanging US Dollars (USD) for Philippine Peso (PHP) the number of Philippine Pesos received is directly proportional to the number of US Dollars to be exchanged. If 1,150 USD can be converted into 35,165.85 PHP. Find the constant of proportionality k. k= (If needed, round answer to 3 decimal places.) Using the k from above find the amout of PHP given that you have 1,300 USD to convert. you will receive PHP (If needed, round answer to 2 decimal places.) Enter DNE for Does Not Exist, oo for Infinity

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