If the exchange rate between Canadian dollar [C$] and U.S.dollar [$] on January 6, 2010 is C$/$ = 1.03, then the exchange rate $/C$ will be:
A)0.67.
B)0.79.
C)0.97.
D)1.97.
E)1.33.

Name: If the exchange rate between Canadian dollar [C$] and U.S.dollar [$] on January 6, 2010 is C$/$ = 1.03, then the exchange rate $/C$ will be: A)0.67. B)0.79. C)0.97. D)1.97. E)1.33.
Brand: Quizplus
Rating: 4.9 (36 reviews)

Question

Quizplus · Accepted Answer

The exchange rate $/C$ is the reciprocal of C$/$, so $/C$ = 1/1.03 = 0.97.

If the Exchange Rate Between Canadian Dollar [C$] and U