Suppose you are travelling in Japan and you want to purchase an electronic device that costs 6774.35 yen. The exchange rate is 123.17 yen per U.S. dollar. In U.S. dollars this device would cost:

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02-12-2021
Business

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Suppose you are travelling in Japan and you want to purchase an electronic device that costs 6774.35 yen. The exchange rate is 123.17 yen per U.S. dollar. In U.S. dollars this device would cost:

Sagot :

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ewomazinoade ewomazinoade · Answer 1 · 2021-12-06T06:14:04-05:00

In U.S. dollars this device would cost $55.

Exchange rate is the value of a currency in terms of another currency. It is the rate at which a currency would be exchanged for another currency. Based on the information provided in the question, $1 exchanges for 123.17 yen.

Price of the device in US dollars = cost of the device in yen / exchange rate

6774.35 yen / 123.17 yen = $55

To learn more, please check: brainly.com/question/14705259

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