Exchange ratesPersonal Finance ProblemFred 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 $1,469; he also will incur another $280 in incidental travel expenses. Fred estimates the cost of meals in Italy to be about 488, and he will take an additional $1,040 to cover miscellaneous expenditures. Currently the exchange rate is $1.3427/1.00 (or 0.74477/$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 $? (Round to the nearest dollar.)

b.The amount of euros for meals and miscellaneous expenditures is ? (Round to the nearest euro.)