Suppose a U.S.-made machine costs $500 and the exchange rate is 100 yen = $1. A Japanese citizen purchasing this machine would pay:

Name: Suppose a U.S.-made machine costs $500 and the exchange rate is 100 yen = $1. A Japanese citizen purchasing this machine would pay:
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Question

Quizplus · Accepted Answer

Since the exchange rate is 100 yen = $1, to find out how much the machine costs in yen, you multiply the cost in dollars ($500) by the exchange rate (100 yen). So, $500 * 100 yen = 50,000 yen.