Question

The exchange rate is 1.011 Swiss francs per U.S. dollar. How many U.S. dollars are needed...

The exchange rate is 1.011 Swiss francs per U.S. dollar. How many U.S. dollars are needed to purchase 4,179 Swiss francs?

Enter your answer rounded off to two decimal points. Do not enter $ in the answer box. For example, if your answer is $12.345 then enter as 12.35 in the answer box.

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Answer #1

The U.S. dollars that are needed to purchase 4,179 Swiss francs is computed as shown below:

= 4,179 swiss francs / 1.011

= 4,133.53 Approximately

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