Assume $1 buys .685 pounds and that $1 buys 78.342 yen.Calculate the cross rate.

Name: Assume $1 buys .685 pounds and that $1 buys 78.342 yen.Calculate the cross rate.
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Question

Quizplus · Accepted Answer

Step 1 - Compute the number of dollars in one pound. 11ea7fdb_fc37_4f4c_a768_a54a5c60ac46_TB2902_11 = 1.46
Step 2 - Multiply the number of dollars in one pound time the number of yen in one dollar.
1.46 × 78.342 = 114.38
The cross rate is 114.38 yen per one pound.

Assume $1 Buys