An individual in the US wants to buy a car from England which costs 12,000 pounds.If the exchange rate is $1.75/pound,how much will it cost him in dollar terms?
A)$21,000
B)$6,800
C)$12,000
D)Need more information

Question

Quizplus · Accepted Answer

To convert pounds into dollars, we need to multiply the number of pounds by the exchange rate of pounds to dollars.

12,000 pounds * $1.75/pound = $21,000

Therefore, it will cost the individual $21,000 in dollar terms to buy the car from England. Option A is the correct answer.

An Individual in the US Wants to Buy a Car