If an American Can Purchase 40,000 British Pounds for $90,000,the

If an American can purchase 40,000 British pounds for $90,000,the dollar rate of exchange for the pound is:

A) $1.40.
B) $2.00.
C) $2.25.
D) $6.00.
The dollar rate of exchange is the value of a pound in terms of dollars.Since 40,000 pounds = $90,000,1 pound = $90,000/40,000 = $2.25.