Suppose the exchange rate is $1 per ¥ 100. An IBM computer selling for $1500 in New York would be sell for ____ in Tokyo.

Name: Suppose the exchange rate is $1 per ¥ 100. An IBM computer selling for $1500 in New York would be sell for ____ in Tokyo.
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Question

Quizplus · Accepted Answer

The price of the IBM computer in Tokyo would be ¥150,000.
To convert the $1500 price into yen, we need to multiply $1500 by 100 (to convert dollars to yen).
$1500 x 100 = ¥150,000
Therefore, the answer is C) ¥150,000.

Suppose the Exchange Rate Is $1 Per ¥ 100