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Rio Games and the Brazilian Real.Ryan Lock had planned his trip to the Olympic Games in Rio de Janeiro, Brazil, for many months. He had budgeted and saved

$16 comma 30016,300

for expenses while in Rio. But he had postponed exchanging the dollars for Brazilian currency, real (BRL or R$), until the very last minute on August 8th, doing it in the airport in the United States at

BRL 3.1876 equals 1.00 USDBRL 3.1876=1.00 USD.

Given the following average monthly exchange rates in 2016, when should he have exchanged the dollars for real to maximize his Brazilian spending money?(Click on the

icon to import the table into a spreadsheet.)

Month	BRL equals 1.00 USDBRL=1.00 USD	Month	BRL equals 1.00 USDBRL=1.00 USD
January	4.04174.0417	May	3.57553.5755
February	3.86123.8612	June	3.41473.4147
March	3.73393.7339	July	3.23413.2341
April	3.57823.5782