Answered

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suppose the cost of a car produced in the united states is $20,000. the current exchange rate is us$1= €0.85. What is the cost of the car in euros?

Sagot :

The cost of the car in euros is 17,000 euros

Given that,

Let's say an automobile made in the United States costs $20,000. At this time, one US dollar is worth 0.85 euros. A automobile made in the United States costs $20,000 to construct.

To find : that the car's price in euros ?

The information provided lets us know that,

The car's price in euros= 20,000 * 0.85

                                                = 17,000 euros

Therefore, the car's price in euros is 17,000 euros.

To learn more about exchange rate click here:

brainly.com/question/29562028

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