You Are Planning an Extended Trip to Hong Kong

question 24

Multiple Choice

You are planning an extended trip to Hong Kong.You have located some housing that you can lease for 11,250 Hong Kong dollars per month.What is the cost per month in U.S.dollars if the exchange rate is HK$1 = $0.1290?

• A)$1,208.15
• B)$1,451.25
• C)$78,311.27
• D)$81,395.35
• E)$87,209.30

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