Question

When exchanging from your currency to another country's currency using a foreign exchange table, you should

multiply the amount you have by the exchange rate

divide the amount you have by the exchange rate

add the amount you have to the exchange rate

subtract the amount you have by the exchange rate

Answer 1

A- multiply the amount you have by the exchange rate.

Explanation:

When exchanging from your currency to another country's currency using a foreign exchange table, you should - multiply the amount you have by the exchange rate.

Exchange rates helps us to know how much our currency is worth in another currency.

Suppose you have to convert $100 to Euros.

The exchange rate is :

$1 = 0.89 Euro

So, $100 =
`100*0.89=89` Euros.

Therefore, we multiply by the exchange rate. Hence, option A is correct.

Answer 2

When exchanging from your currency to another country's currency using a foreign exchange table, you should multiply the amount you have by the exchange rate. The correct option among all the options that are given in the question is the first option. I hope that this answer has come to your help.