Question

Calculate the amount of US dollars you can buy for R12 500 at an exchange
rate of 1 US$ R8,76.

Answer 1

Answer: To calculate the amount of US dollars you can buy for R12,500 at an exchange rate of 1 US$ = R8.76, you can use the following formula:

US$ = R12,500 / R8.76

Plugging in the values, we get:

US$ = R12,500 / R8.76 = 1,421.51

So, with R12,500, you can buy 1,421.51 US dollars at an exchange rate of 1 US$ = R8.76.

Explanation: