Calculate cad/mxn with the following information: cad/usd= .7463, usd/mxn= 22.2800 answers .03 .06 29.86 16.63 not enough information

Question

asked Jan 27, 2024 183k views

1 Answer

Graham Leggett · Answer 1 · 2024-02-01T10:28:46+0000

To calculate CAD/MXN, we need to multiply the exchange rates for CAD/USD and USD/MXN.

CAD/USD = 0.7463

USD/MXN = 22.2800

CAD/MXN = CAD/USD * USD/MXN

CAD/MXN = 0.7463 * 22.2800

CAD/MXN = 16.6287

The calculated value for CAD/MXN is approximately 16.63. Therefore, the correct answer is 16.63.