On May 31, 2016, the Exchange Rate of U

question 103

Multiple Choice

On May 31, 2016, the exchange rate of U.S.dollars for Bitcoins was Ƀ535.592.Three months later on August 31, 2016, the exchange rate was Ƀ572.187.If a Learjet 85 carries a price of $21 million, what is the difference in price a purchaser would pay in Bitcoins if the jet were purchased on August 31 rather than May 31, 2016?

• A)$2,508,000
• B)(Ƀ2,508)
• C)($2,508,000)
• D)(Ƀ36.6)
• E)Ƀ19,581

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