A notebook sells for US $1,199 in the United States. The spot rate is US $1.2323 per Euro. If goods must be sold for the same price, what is the price in Netherlands?

Name: A notebook sells for US $1,199 in the United States. The spot rate is US $1.2323 per Euro. If goods must be sold for the same price, what is the price in Netherlands?
Brand: Quizplus
Rating: 4.7 (46 reviews)

Question

Quizplus · Accepted Answer

To find the price in Euros, divide the price in USD ($1,199) by the spot rate (1.2323 USD/EUR), which equals approximately 972.99 Euros.

A Notebook Sells for US $1,199 in the United States