Question

ben needs to convert 500 US dollars to the japanese yen. one american dollar is worth 123.3 yen. how many yen will he have

Answer 1

The correct answer is 61,650 Yens

Explanation:

US$ in cash that Ben has = 500

Exchange rate (US$/Yen) = 1 : 123.3

For calculating the total amount in Yens that Ben has, we use this formula:

Yens in Cash = US$ in Cash * Exchange rate given

Yens in Cash = 500 * 123.3

Yens in Cash = 61,650

After converting the US$ 500 Ben has, he will receive Yens 61,650