A recent direct quote for the Japanese yen was $.009622. How many Japanese yen can be purchased with 10 American dollars?

Name: A recent direct quote for the Japanese yen was $.009622. How many Japanese yen can be purchased with 10 American dollars?
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Question

Quizplus · Accepted Answer

To find the number of Japanese yen that can be purchased with 10 American dollars, we divide 10 by the direct quote in dollars per yen:
10 ÷ 0.009622 = 1,039.28
Therefore, the answer is B) 1,039.28.

A Recent Direct Quote for the Japanese Yen Was