Compute the number of dollars that can be bought with 1 million of each foreign currency units:
$1 = 3.9 Saudi Arabian Riyal
$1 = 0.52 Philippine Peso
$1 = 0.75 Latvian Lat

Question

Compute the number of dollars that can be bought with 1 million of each foreign currency units: 
 $1 = 3.9 Saudi Arabian Riyal
 $1 = 0.52 Philippine Peso
 $1 = 0.75 Latvian Lat

Quizplus · Accepted Answer

To convert 1 million of each foreign currency to U.S. dollars:
- 1 million SAR x (1 USD/3.9 SAR) = $256,410.26
- 1 million PHP x (1 USD/0.52 PHP) = $1,923,076.92
- 1 million LVL x (1 USD/0.75 LVL) = $1,333,333.33
Therefore, the correct choice is C.

Compute the Number of Dollars That Can Be Bought with 1