Exchange rates Personal Finance Problem Fred Nappa is planning to take a wine-tasting tour through Italy this summer. The tour will cost 2,750 euros () and includes transportation, hotels, and a guide. Fred estimates that round-trip airfare from his home in North Carolina to Rome, Italy, will be $1,480; he also will incur another $340 in incidental travel expenses. Fred estimates the cost of meals in Italy to be about 517, and he will take an additional $1,090 to cover miscellaneou expenditures. Currently the exchange rate is $1.3434 / 1.00 (or 0.74438/$1.00). a. Determine the total dollar cost of the trip to Italy. b. Determine the amount of euros () Fred will need to cover meals and miscellaneous expenditures. .. a. The total cost of the trip in dollars is $ 7,298.89 (Round to the nearest dollar.) b. The amount of euros for meals and miscellaneous expenditures is 1,328.37 (Round to the nearest euro.)