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In a recent financial journal,the exchange rate between the dollar and the British pound was quoted in two ways:

-The number of dollars equivalent to £50,000 on this date is:

Question

[The following information applies to the questions displayed below.]
In a recent financial journal,the exchange rate between the dollar and the British pound was quoted in two ways:
 
-The number of dollars equivalent to £50,000 on this date is:

Quizplus · Accepted Answer

The conversion of £50,000 to dollars depends on the current exchange rate, which is not provided in the options. However, the choice B suggests a plausible exchange rate scenario where £50,000 could be equivalent to $80,000, assuming an exchange rate of 1.6 (50,000 * 1.6 = 80,000).

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