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This video explains how to convert currency using a currency exchange rate. John has 15,000 US dollars and wants to convert it to Euros using the exchange rate of 1 US dollar to 0.9 Euros. To convert, set up a fraction with the given amount on the numerator and the exchange rate on the denominator. Make sure the units cancel out. Place the unit that needs to be cancelled on both the top and bottom of the fractions to properly convert the currency.
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