How many Australian Dollars (AUD) can you buy with 100 Euros (EUR) according to the information below in the chart?
How many Australian Dollars (AUD) can you buy with 100 Euros (EUR) according to the information below in the chart?
A) 159.68
B) .62624
C) 62.624
D) 1.5968
Homework Answers
The rate quoted against Australian dollars for Euro is
1 AUD = 0.62624 Euro
So 1 Euro = 1/0.6264 AUD
100 Euro = 100/0.62624 = 159.68
So the answer is
A) 159.68
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