Question

4. The exchange rate of U.S. dollars to British pounds (£) is .63. You have $4000 to convert to British pounds. How many British pounds will you receive?

Answer 1

£2,520

Explanation:

The exchange rate of U.S. dollars to British pounds is .63. You have $4000 to convert to British pounds (?). 4,000 * .63 = 2,520. Therefore the amount of British pounds you will receive is: £2,520.