Question

If a PlayStation 4 Pro costs 40,000 yen in Japan, how much will it cost in U.S. dollars if the exchange rate is as follows?

Round your responses to two decimal places.

a. 120 yen = $1   ____U.S. dollars

b. 1 yen = $0.00833    ____ U.S. dollars

c. 110 yen = $1 ____ U.S. dollars

Answer 1

(a)

Cost of pay station pro = 40,000 yen

In this case 120 yen = $1 => 1 yen = $(1/120)

So, 40000 yen = $(1/120)*40,000 = $333.33

Hence, Cost of Play station in US dollars = $333.33

(b)

Cost of pay station pro = 40,000 yen

In this case 1 yen = $0.00833

So, 40000 yen = $0.00833*40,000 = $333.20

Hence, Cost of Play station in US dollars = $333.20.

(c)

Cost of pay station pro = 40,000 yen

In this case 110 yen = $1 => 1 yen = $(1/110)

So, 40000 yen = $(1/110)*40,000 = $363.64

Hence, Cost of Play station in US dollars = $363.64