Amount of yen, In 1985, a given Japanese imported

Amount of yen

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In 1985, a given Japanese imported automobile sold for 1,476,000 yen, or $8,200. If the car still sold for the same amount of yen today but the current exchange rate is 144 yen per dollar, what would the car be selling for today in U.S. dollars?

(a) $5.964

(b) $8,200

(d) $12,628

(e) $13,525

Reference no: EM13753121

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Amount of yen : In 1985, a given Japanese imported automobile sold for 1,476,000 yen, or $8,200. If the car still sold for the same amount of yen today but the current exchange rate is 144 yen per dollar, what would the car be selling for today in U.S. dollars?

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Amount of yen

Reference no: EM13753121

Reference no: EM13753121

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