Assume that the British pound is worth 1.6242 U.S.dollars.If a new Jaguar costs $138,000,what is the cost in British pounds?

Question

Quizplus · Accepted Answer

To find the cost in British pounds, we need to convert $138,000 to pounds. We can do this by multiplying $138,000 by the exchange rate of pounds per dollar:

$138,000 x 1 pound/1.6242 dollars = £84,964.88

Rounding to the nearest pound gives us the answer of £84,965, so the correct choice is B.

Assume That the British Pound Is Worth 1