Currency Exchange Compute the amount of foreign currency that can be purchased for $200,000:
1 Danish krone = $0.1755

Name: Currency Exchange Compute the amount of foreign currency that can be purchased for $200,000: 1 Danish krone = $0.1755
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

To calculate the amount of foreign currency that can be purchased, we need to divide $200,000 by the exchange rate of 1 Danish krone = $0.1755.

$200,000 ÷ $0.1755/krone = 1,139,601.14 krone

Therefore, the answer is D) 1,139,601.14 krone.

Currency Exchange Compute the Amount of Foreign Currency That Can