Question

If one Swiss franc (CHF) can purchase 0.85 U.S. dollar, how many Swiss francs can one U.S. dollar buy

Answer 1

Answer: CHF 1.18 Swiss Franc

Step-by-step explanation:

If one Swiss franc (CHF) can purchase $0.85, this means that the Swiss franc is weaker than the dollar as it can only buy less than 1 dollar per Swiss franc.

If one Swiss Franc is to $0.85, one $1 will be;

= 1/0.85

= 1.18 Swiss Franc