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) None of the above

Question

Quizplus · Accepted Answer

To convert yen to dollars, we need to divide the yen amount by the exchange rate. So, 60,000 yen divided by 100 yen/dollar equals $600. Therefore, the correct answer is B.

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