Answer: Option 'a' is correct.
Step-by-step explanation:
Since we have given that
Amount he exchange in US dollars = 104.51
Amount he exchange for Mexican pesos = 1322.14
So, exchange rate of the US dollar to the Mexican pesos, to three decimal places is given by
[tex]104.51:1322.14\\\\=1:\frac{1322.14}{104.51}\\\\=1:12.650[/tex]
Hence, the exchange rate of the US dollar to Mexican peso is
1:12.650.
Therefore, Option 'a' is correct.
