Subject:AccountingPrice:2.87 Bought7
If one U.S. Dollar buys 1.028 Euros, how many dollars can you purchase for one Euro?
a. $0.77/Euro
b. $0.82/Euro
c. $0.87/Euro
d. $0.92/Euro
e. $0.97/Euro
Answer is e. $0.97/Euro
Note :
one U.S. Dollar buys 1.028 Euros
Hence, dollars can be purchased for one Euro = 1/ 1.028
= $0.97 / Euro