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  • 01-07-2021
  • Business
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Suppose that on March 16, 2019, a marble statue handmade in Canada is priced at CAD 1,700. The approximate U.S. dollar price of the statue would be .

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Parrain
Parrain Parrain
  • 03-07-2021

Answer: $1,443.81

Explanation:

The exchange rate is CAD 1 = US$0.8493

If a statue is priced at CAD 1,700, in American dollars it would be:

= Canadian dollar * Exchange rate

= 1,700 * 0.8493

= $1,443.81

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