David has 5,000 Euros he will convert to US dollars using a currency exchange service. At this time, the currency exchange rate is 1 Euro = 1.10 US dollars. The exchange service will charge David a 3% fee on the converted US dollar amount. How many US dollars will David receive from the currency exchange after the 3% fee is applied?
$5335.00
$5500.00
$5170.00
$5665.00
