Asked by Vanessa Grossman on May 31, 2024
Verified
The current exchange rates show that C$1.00 = £0.6370. If you have C$250, what is the equivalent amount in British pounds?
A) £392.46
B) £105
C) £159.25
D) £430.97
E) £200
Exchange Rates
The rate at which one country's currency can be exchanged for another country's currency.
British Pounds
The currency of the United Kingdom, also known as sterling.
- Acquire knowledge and apply the fundamentals of changing currencies and their corresponding rates.
Verified Answer
IG
Irish GoodwinJun 03, 2024
Final Answer :
C
Explanation :
To convert C$250 to British pounds, multiply 250 by the exchange rate of 0.6370: 250 * 0.6370 = £159.25.
Learning Objectives
- Acquire knowledge and apply the fundamentals of changing currencies and their corresponding rates.