If the exchange rate of German marks/U.S.Dollars is 2.04/1, then:
A)It takes $2.04 to buy each mark
B)The mark is worth more than one U.S.Dollar
C)Each mark is worth approximately 49 cents
D)20 cents will purchase one mark

Question

Quizplus · Accepted Answer

If the exchange rate is 2.04 marks per 1 U.S. dollar, then each mark is worth 1/2.04 dollars, which is approximately 0.49 dollars or 49 cents.

If the Exchange Rate of German Marks/U