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Other Fields Homework Help Economics Topic started by: rafiki121 on Dec 4, 2022



Title: What is the correct way to calculate the dollar price of a British car, if we know the price of the ...
Post by: rafiki121 on Dec 4, 2022
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?

▸ Dollar price of British car = (Price of British car in pounds) / ( 1/Exchange rate).

▸ Dollar price of British car = (Price of British car in pounds) (Exchange rate).

▸ Dollar price of British car = (Price of British car in pounds) / (Exchange rate).

▸ Dollar price of British car = (Exchange rate) / (Price of British car in pounds).


Title: What is the correct way to calculate the dollar price of a British car, if we know the price of the ...
Post by: sillysquirrel on Dec 4, 2022
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