Suppose the exchange rate between the Japanese yen and the U.S.dollar is 100 yen per dollar.A Japanese stereo with a price of 60,000 yen will cost
A) $60.
B) $600.
C) $6000.
D) $5000.

Name: Suppose the exchange rate between the Japanese yen and the U.S.dollar is 100 yen per dollar.A Japanese stereo with a price of 60,000 yen will cost A) $60. B) $600. C) $6000. D) $5000.
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Question

Quizplus · Accepted Answer

To convert yen to dollars, we divide the price in yen by the exchange rate:

60,000 yen ÷ 100 yen/dollar = $600

Suppose the Exchange Rate Between the Japanese Yen and the U.S.dollar