Table 18-3

-Refer to Table 18-3.Given the following exchange rates in the above table,what are the exchange rates stated as U.S.dollars per Danish krone and U.S.dollars per EU euro respectively?
A)0.20 dollars per krone and 1.43 dollars per euro
B)2.00 dollars per krone and 7.14 dollars per euro
C)0.02 dollars per krone and 0.70 dollars per euro
D)0.05 dollars per krone and 1.30 dollars per euro

Question

Table 18-3
 
-Refer to Table 18-3.Given the following exchange rates in the above table,what are the exchange rates stated as U.S.dollars per Danish krone and U.S.dollars per EU euro respectively?
A)0.20 dollars per krone and 1.43 dollars per euro 
B)2.00 dollars per krone and 7.14 dollars per euro 
C)0.02 dollars per krone and 0.70 dollars per euro 
D)0.05 dollars per krone and 1.30 dollars per euro

Quizplus · Accepted Answer

The exchange rates are calculated by taking the reciprocal of the given rates in the table. The correct conversion results in 0.20 dollars per krone and 1.43 dollars per euro.

Table 18-3 -Refer to Table 18-3.Given the Following Exchange Rates in the Exchange