Suppose that a dollar buys 120 yen. If a VCR sells for 18,600 yen in Japan, the price of the VCR in dollars is ________.
A) $186.00
B) $223.20
C) $120.00
D) $155.00

Name: Suppose that a dollar buys 120 yen. If a VCR sells for 18,600 yen in Japan, the price of the VCR in dollars is ________. A) $186.00 B) $223.20 C) $120.00 D) $155.00
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Question

Quizplus · Accepted Answer

To find the price of the VCR in dollars, divide the price in yen by the exchange rate: 18,600 yen / 120 yen per dollar = $155.00.

Suppose That a Dollar Buys 120 Yen