FoxodyGirl2364 FoxodyGirl2364
  • 16-05-2023
  • Mathematics
contestada

If the exchange rate between the U.S. dollar and the Japanese yen is $1 = 200 yen, then the dollar price of yen is:
A.$.005.
B.$.05.
C.$.50.
D.$5.

Respuesta :

mhanifa
mhanifa mhanifa
  • 16-05-2023

Answer:

  • A) $0.005

---------------

The rate is given:

  • $1 = 200 yen

Divide both sides by 200 to find the value of a yen:

  • 1 yen = $1/200
  • 1 yen = $5/1000
  • 1 yen = $0.005

This is matching the first choice.

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