On March 16ᵗʰ,2012,the Canadian dollar was worth 1.0087 U.S.dollars.How many Canadian dollars did it take to buy one U.S.dollar?

Question

Quizplus · Accepted Answer

To find how many Canadian dollars it takes to buy one U.S. dollar, we need to take the reciprocal of the exchange rate. Reciprocal of 1.0087 is approximately 0.9914. Therefore, it took 0.9914 Canadian dollars to buy one U.S. dollar. Thus, the correct choice is A.

On March 16ᵗʰ,2012,the Canadian Dollar Was Worth 1