If the Exchange Rate Is 175 Yen = $1,what Is

question 124

Multiple Choice

If the exchange rate is 175 yen = $1,what is the cost of a bottle of rice wine that costs 7875 yen?

• A) $40
• B) $45
• C) $52
• D) $54

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Definitions:

Investor

An individual or entity that allocates money into a financial venture with the expectation of receiving future financial returns.

Contract Value

The total worth or financial commitment of a contract, encompassing all terms, services, or products agreed upon.

Earn

To receive money or another form of payment in exchange for services provided or through investment.

Airline Ticket

An Airline Ticket is a document or electronic record issued by an airline or a travel agency that confirms an individual's entitlement to a seat on a flight on an aircraft.