If the exchange rate for Canadian and U.S. dollars is 0.7382 to 1, this implies that 2 Canadian dollars can be purchased for $1.48 U.S. dollars.

Question

Quizplus · Accepted Answer

To convert Canadian dollars to U.S. dollars using the exchange rate of 0.7382 to 1, we multiply the amount of Canadian dollars by the exchange rate. Therefore, if we want to know how much U.S. dollars we can get for 2 Canadian dollars, we would multiply 2 by 0.7382, which gives us $1.4764. This is slightly less than $1.48, but it still confirms that option A is true.

If the Exchange Rate for Canadian and U