Question

suppose that the current canadian dollar to US dollar exchange rate is 0.80 CAD = $1 US and that the U.S. dollar price of an Apple iphone is $320 what is the Candian dollar price of iphone?

Answer 1

Answer: 256 CAD

Explanation:

Hi, to answer this question we simply have to multiply the price in US dollars of the iphone (320) and multiply it by 0.80 ( Canadian dollar to US dollar exchange rate)

Mathematically speaking:

Since:

$1 US = 0.80 CAD

$320 x0.80 = 256 CAD

Feel free to ask for more if needed or if you did not understand something.