If the dollar-peso exchange rate is 0.01 dollars per peso,what is the rate of pesos per dollar?
A) 1 peso/dollar
B) 10 pesos/dollar
C) 0.1 peso/dollar
D) 1,000 pesos/dollar
E) 100 pesos/dollar

Name: If the dollar-peso exchange rate is 0.01 dollars per peso,what is the rate of pesos per dollar? A) 1 peso/dollar B) 10 pesos/dollar C) 0.1 peso/dollar D) 1,000 pesos/dollar E) 100 pesos/dollar
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Question

Quizplus · Accepted Answer

The exchange rate of 0.01 dollars per peso means 1 dollar is equivalent to 100 pesos (1/0.01 = 100).

If the Dollar-Peso Exchange Rate Is 0