Multiple Choice
What is the correct way to calculate the dollar price of a British car,if we know the price of the car in British pounds and we also know the British per dollar exchange rate?
A) Dollar price of British car = (Price of British car in pounds) (Exchange rate) .
B) Dollar price of British car = (Price of British car in pounds) / (Exchange rate) .
C) Dollar price of British car = (Price of British car in pounds) / ( 1/Exchange rate) .
D) Dollar price of British car = (Exchange rate) / (Price of British car in pounds) .
Correct Answer:
Verified
Correct Answer:
Verified
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