1. The problem asks to convert 10 USD to Philippine peso given the exchange rate of 1 USD = 58.00 PHP. 2. To find the amount in Philippine peso, multiply the USD amount by the exchange rate: $$10 \times 58.00$$ 3. Calculate the multiplication: $$10 \times 58.00 = 580$$ 4. Therefore, 10 USD is equal to 580 Philippine peso.