Question

The current exchange rate between the U.S. dollar and the Japanese yen is 120120 ​(yen/$). That​ is, 1 dollar can buy 120120 yen. How many dollars would you get for 1 comma 0001,000 Japanese​ yen? For 1 comma 0001,000 Japanese​ yen, you would receive ​$8.38.3. ​(Round to the nearest​ cent.)

Answer 1

$ 8.33

Step-by-step explanation:

Rate of dollars to yen

120 yen is to 1 dollars

1000 yen will be to 1000 yen × 1 dollars / 120 = $ 8.33