Currency Exchange Compute the amount of foreign currency that can be purchased for $400,000: 1 Indian Rupee = $0.02250

Name: Currency Exchange Compute the amount of foreign currency that can be purchased for $400,000: 1 Indian Rupee = $0.02250
Brand: Quizplus
Rating: 4.9 (47 reviews)

Question

Quizplus · Accepted Answer

To compute the amount of foreign currency, we need to divide the total amount in USD by the exchange rate:

$400,000 ÷ $0.02250 = 17,777,777.78 Rupee

Therefore, the answer is D, which represents the amount of Rupee that can be purchased with $400,000.

Currency Exchange Compute the Amount of Foreign Currency That Can