If one Swiss franc can purchase $0.71 U.S. dollars, how many Swiss francs can one U.S. dollar buy?
A) 0.71
B) 1.41
C) 1.00
D) 2.81
E) 0.50

Question

Quizplus · Accepted Answer

If one Swiss franc can purchase $0.71 U.S. dollars, then to find out how many Swiss francs can one U.S. dollar buy, we need to take the reciprocal of the exchange rate. 
Reciprocal of 0.71 = 1.41
Therefore, one U.S. dollar can buy 1.41 Swiss francs.

If One Swiss Franc Can Purchase $0