If,at Current Exchange Rates,$1 Equals 0

question 65

Multiple Choice

If,at current exchange rates,$1 equals 0.8333 euros,a German auto that costs 90,000 euros has a dollar price of about

• A) $75,000.
• B) $83,000.
• C) $90,000.
• D) $108,000.
• E) $111,000.