1. Yi Min is visiting relatives in Hong Kong. She exchanges 150 U.S. dollars for the local currency, Hong Kong dollars. If the exchange rate that day is USD to HKD= 7.76, how many Hong Kong dollars does Yi Min receive? Round to the nearest hundredth.
2. Zaiden is an American traveling with a tour group in Southeast Asia. During a stop in the Philippines, he purchase a souvenir that is priced at 2,621 Philippine pesos using his credit card. If the excahnge rate that day is USD to PHP= 43.36, which is the best estimiate of the charge Zaiden will later find on his credit card statement?