1985, a given Japanese imported automobile sold for 1,476,000 yen, or $8,200.If the car still sold for the same amount of yen today but the current exchange rate is 144 yen per dollar, what would the car be selling for today in U.S.dollars?
A)$5.964
B)$8,200
C)$10,250
D)$12,628
E)$13,525

Question

Quizplus · Accepted Answer

To find the current price in U.S. dollars, we need to divide the original price in yen by the current exchange rate (in yen per dollar):
1,476,000 yen / 144 yen per dollar = $10,250. Therefore, the correct answer is choice C.

1985, a Given Japanese Imported Automobile Sold for 1,476,000 Yen