Suppose 12.73 Mexican pesos = 1 US dollar, how many Mexican pesos can you buy for $130 US dollars?

1. ### Break Down the Problem

We need to find out how many Mexican pesos we can buy with $130 US dollars, given the exchange rate of 12.73 Mexican pesos per US dollar.

2. ### Relevant Concepts

The formula to convert US dollars to Mexican pesos is: $\text{Amount in Mexican Pesos} = \text{Amount in US Dollars} \times \text{Exchange Rate}$

3. ### Analysis and Detail

1. Start with the amount in US dollars: $\text{Amount in US Dollars} = 130 \text{ USD}$
2. Use the exchange rate: $\text{Exchange Rate} = 12.73 \text{ MXN/USD}$
3. Now, substitute these values into the formula: $\text{Amount in Mexican Pesos} = 130 \text{ USD} \times 12.73 \text{ MXN/USD}$

4. ### Verify and Summarize

Calculating the above expression: $\text{Amount in Mexican Pesos} = 130 \times 12.73 = 1654.9 \text{ MXN}$

Final Answer

You can buy 1654.9 Mexican pesos for $130 US dollars.