Question

Foreign Exchange Rates

Answer 1

I believe the answer is: B) buy the movie in Japan because it is relatively less expensive than in the U.S.

from the data, we know that

Japan / Yen .0084118.9599

This number mean that 1 japanese yen is the equivalent of .00841189599 US dollars.

So, 2000 Yen is equivalent to:

2000 x 0.00841189599 = 16.82379198 US Dollars

If Micah buy the movie in Japan, he saved up around $ 8.17

Answer 2

The correct answer for this question would be option B. Since she discovers that the movie sells for $25 when she calls home, and the new-release movie is for 2,000 Japanese yen, Micah decides to buy the movie in Japan because it is relatively less expensive than in the U.S. Hope this answer helps.