If the exchange rate between yen and dollars were 120 yen per dollar, when an American purchases a good valued at 600 yen, its cost in dollars would be:

Name: If the exchange rate between yen and dollars were 120 yen per dollar, when an American purchases a good valued at 600 yen, its cost in dollars would be:
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Question

Quizplus · Accepted Answer

To convert yen to dollars, we need to divide the yen amount by the exchange rate (yen per dollar). 
So, to convert 600 yen to dollars:

$600 yen / 120 yen per dollar = $5

If the Exchange Rate Between Yen and Dollars Were 120