If the exchange rate between British pounds sterling and the Canadian dollar is 1 pound = $2.80, then
A) one dollar exchanges for 0.357 pounds.
B) one dollar exchanges for 1.40 pounds.
C) one pound exchanges for 2.40 dollars.
D) one pound exchanges for 0.28 dollars.
E) one dollar exchanges for 0.280 pounds.
Correct Answer:
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