If the U.S.dollar price of the New Zealand dollar (NZD)is $0.5709, then the NZD price of one U.S.dollar will be:
A)NZD 1.5709.
B)NZD 1.75.
C)$1.6711.
D)0.5709.
E)$1.75.

Name: If the U.S.dollar price of the New Zealand dollar (NZD)is $0.5709, then the NZD price of one U.S.dollar will be: A)NZD 1.5709. B)NZD 1.75. C)$1.6711. D)0.5709. E)$1.75.
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Question

Quizplus · Accepted Answer

To find the NZD price of one U.S. dollar, take the reciprocal of the given exchange rate: 1 / 0.5709 = 1.75.

If the USDollar Price of the New Zealand Dollar (NZD)is $0