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You are planning on taking a vacation with the $4,200 you have in savings. You've narrowed it down to two locations. An all-inclusive trip to
You are planning on taking a vacation with the $4,200 you have in savings. You've narrowed it down to two locations. An all-inclusive trip to Mexico is advertised at 54000 pesos and a similarly all-inclusive trip to Brazil is 18480 real. The direct US exchange rates are 0.07 for pesos and 0.25 for real. Assuming there is no qualitative difference between the trips, which of the follow is the best choice? Go to either Brazil or Mexico Go to Brazil Go to Mexico You do not have enough money to go to either place. It is impossible to make an informed decision with the given information
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