Currently,$1 Will Buy C$1

question 95

Multiple Choice

Currently,$1 will buy C$1.36 while $1.10 will buy €1. What is the exchange rate between the Canadian dollar and the euro?

• A) C$1 = €1.10
• B) C$1 = €.9091
• C) C$1 = €1.2364
• D) C$1.36 = €1.10
• E) C$1.36 = €.9091

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Definitions:

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