If the exchange rate from U.S. dollars to Canadian dollars is $0.80/Canadian dollar, then the exchange rate from Canadian dollars to U.S. dollars is _____.

Question

Quizplus · Accepted Answer

To convert from Canadian dollars to U.S. dollars, we need to take the reciprocal of the exchange rate from U.S. dollars to Canadian dollars. So, 1/(0.80 Canadian $/US dollar) = 1.25 Canadian $/US dollar. Therefore, the exchange rate from Canadian dollars to U.S. dollars is $1.25 Canadian $/US dollar.

If the Exchange Rate from U