Question

A car costs 25,000 in the United States and 3,000,000 yen in Japan. The exchange rate is1 = 104 yen. What is the cost of the car in dollars?

Answer 1

Approximately $28,846.15

Step-by-step explanation:

First, let's calculate the conversion rate:

1 dollar = 104 yen

Now, let's convert the price in yen to dollars:

Cost in dollars = (Cost in yen) / (Exchange rate)

Cost in dollars = 3,000,000 yen / 104 yen

Cost in dollars = 28,846.15 dollars (rounded to the nearest cent)

Answer 2

The cost of the car in dollars is approximately $28,846.15.

Step-by-step explanation:

To find the cost of the car in dollars, we need to convert the Japanese yen price to dollars using the given exchange rate. The car costs 3,000,000 yen in Japan, and the exchange rate is 1 dollar = 104 yen. To convert yen to dollars, we divide the yen amount by the exchange rate:

Cost in dollars = 3,000,000 yen / 104 yen/dollar

Calculating this, we find that the cost of the car in dollars is approximately $28,846.15.