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On May 31, 2016, the Exchange Rate of U

Question 62

Multiple Choice

On May 31, 2016, the exchange rate of U.S.dollars for Bitcoins was Ƀ535.592.Three months later on August 31, 2016, the exchange rate was Ƀ572.187.If a Learjet 85 carries a price of $21 million, what is the difference in price a purchaser would pay in Bitcoins if the jet were purchased on August 31 rather than May 31, 2016?


A) $2,508,000
B) (Ƀ2,508)
C) ($2,508,000)
D) (Ƀ36.6)
E) Ƀ19,581

Correct Answer:

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