Use the following table of exchange rates to solve the problem. Round your answer when appropriate. $$\begin{array} { l | c | c }
\text { Currency } & \text { Dollars per Foreign } & \text { Foreign per Dollar } \
\hline \text { British pound } & 1.624 & 0.6158 \
\text { Canadian dollar } & 1.005 & 0.9950 \
\text { European euro } & 1.320 & 0.7576 \
\text { Japanese yen } & 0.0120 & 83.33 \
\text { Mexican peso } & 0.07855 & 12.73
\end{array}$$
-You return from a trip with 3400 Japanese yen. How much are your yen worth in dollars?
A)$2575.84
B)$267.07
C)$283,322
D)$40.80

Question

Use the following table of exchange rates to solve the problem. Round your answer when appropriate. $$\begin{array} { l | c | c } 
\text { Currency } & \text { Dollars per Foreign } & \text { Foreign per Dollar } \
\hline \text { British pound } & 1.624 & 0.6158 \
\text { Canadian dollar } & 1.005 & 0.9950 \
\text { European euro } & 1.320 & 0.7576 \
\text { Japanese yen } & 0.0120 & 83.33 \
\text { Mexican peso } & 0.07855 & 12.73
\end{array}$$
-You return from a trip with 3400 Japanese yen. How much are your yen worth in dollars?
A)$2575.84
B)$267.07
C)$283,322
D)$40.80

Quizplus · Accepted Answer

To convert yen to dollars, use the "Dollars per Foreign" column. For Japanese yen, it's $0.0120 per yen. So, $0.0120 * 3400 yen = $40.80.

Use the Following Table of Exchange Rates to Solve the Problem