Currency Exchange Compute the amount of foreign currency that can be purchased for $1,000,000: 1 Malaysian Ringget = $0.2875

Name: Currency Exchange Compute the amount of foreign currency that can be purchased for $1,000,000: 1 Malaysian Ringget = $0.2875
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Question

Quizplus · Accepted Answer

To find the amount of foreign currency that can be purchased, we need to divide the given amount in dollars by the exchange rate of Malaysian Ringget.

$1,000,000 ÷ $0.2875 = 3,478,260.87 Ringget

Therefore, the answer is C - 3,478,260.87 Ringget

Currency Exchange Compute the Amount of Foreign Currency That Can