Suppose C$1.00 is equivalent to US$0.9672. What $C amount would it cost to purchase US$1565? (Ignore any commission.)

Name: Suppose C$1.00 is equivalent to US$0.9672. What $C amount would it cost to purchase US$1565? (Ignore any commission.)
Brand: Quizplus
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Question

Quizplus · Accepted Answer

To find the amount in Canadian dollars (C$) needed to purchase US$1565, divide the amount in US dollars by the exchange rate: US$1565 / US$0.9672 = C$1,618.07.