A new startup is worth 2,000,000,000 Israeli Shekels. If 1 US dollar is equal to 3.62 shekels, how many dollars is the company worth?

Question

Quizplus · Accepted Answer

To find how much money you obtain through an exchange of currencies, first you want to put the exchange rate into a fraction. The numerator should be the currency you would like to convert to and the denominator will be the currency you have. ¹/_3.62 Then you multiply by the amount you would like to exchange: 2,000,000,000 • ¹/_3.62 = 550,000,000 dollars

A New Startup Is Worth 2,000,000,000 Israeli Shekels