If the exchange rate between the U.S. dollar and the Japanese yen were such that one U.S. dollar equals 100 yen, what would be the price in dollars of a Japanese automobile that cost 2,000,000 yen?

Question

Quizplus · Accepted Answer

Since 1 U.S. dollar equals 100 yen, we can divide the price of the automobile by 100 to convert it to dollars. 
2,000,000 yen ÷ 100 = $20,000. Therefore, the price of the Japanese automobile in dollars is $20,000.

If the Exchange Rate Between the U