Walblue imports a desk from a French manufacturer for sale in its chain of U.S.stores.The cost of a desk to Walblue is 3,700 euros (€).What is the dollar cost of one of these desks if the exchange rate is currently 1.117 euros per U.S.dollar? (round to nearest cent)

Question

Quizplus · Accepted Answer

To convert the cost of the desk from euros to dollars, we simply need to multiply the cost in euros by the exchange rate:

$3,700 euros * (1 dollar / 1.117 euros) = $3,312.44

Therefore, the dollar cost of one of these desks is $3,312.44, which makes choice C the correct answer.

Walblue Imports a Desk from a French Manufacturer for Sale