Question

The quote for GBP/USD is listed as 1.5869/76 as shown. How many U.S. dollars does it cost to buy 1 British pound?

Answer 1

Exact Rate Right Now  1.35185 USD 

Answer 2

Answer:

1.586976 US Dollars

Step-by-step explanation:

Great Britain Pound/United States Dollar = 1.586976

$\frac{\text{1 Great Britain Pound}}{\text{1 United States Dollar}}=1.586976\\\Rightarrow \text{1 Great Britain Pound}=1\times 1.586976 \text{1 United States Dollar}}$

This means that 1.586976 United States Dollar is need  to buy 1 British pound.