Fred Nadir is planning to take a tour through Italy this summer. The tour will cost: 2,750

Question:

Fred Nadir is planning to take a tour through Italy this summer. The tour will cost: 2,750 and includes transportation, hotels, and a guide. Fred estimates that round-trip airfare from his home in North Carolina in the U.S. to Rome, Italy, will be US$1,490; he also will incur another US$300 in incidental travel expenses. Fred estimates the cost of meals in Italy to be about :500, and he will take an additional US$1,000 to cover miscellaneous expenditures. Currently the is US$1.3411/:1.00 (or: 0.7456/US$1.00).
a. Determine the total U.S. dollar cost of the trip to Italy.
b. Determine the amount of Euros Fred will need to cover meals and miscellaneous expenditures.
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...