If the exchange rate is 1 USD = 0.85 EUR, how many US dollars are needed to obtain 200 EUR with a 3% transaction fee? Select the correct amount.

At 0.85 EUR per dollar, obtaining 200 EUR before fees requires 200 ÷ 0.85 ≈ 235.29 USD. A 3% fee adds about 0.03 × 235.29 ≈ 7.06 USD, for a total of about 242.35 USD. The closest choice is 243 USD.

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