the quote for usd/jpy is listed as 119.68/75 as shown. how many japanese yes does it cost to buy 1 U.S. dollar?
2 answers:
the quote for usd/jpy is listed as 119.68/75 as shown. how many japanese yes does it cost to buy 1 U.S. dollar?
Answer:
the correct answer is 119.75
Answer:
1 USD costs 0.6267 JPY
Step-by-step explanation:
We know from the statement that for every 119.68 USD we get 75 JPY. Using the rule of three we get:
If 119.68 USD --------------> 75 JPY
1 USD ---------------> x?
x = 75/119.68 = 0.6267 JPY
Therefore, 1 USD costs 0.6267 JPY
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