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QUESTION IMAGE

for this table, the reference currency is the the exchange rate of the …

Question

for this table, the reference currency is the
the exchange rate of the euro to the us do
currencies is determined by
us dollar
euro
british pound
according to the chart, one euro would buy
e would cost us dollars to buy one euro.
exchange rate
april 3, 2013
(euro = 1)
currency
bulgarian lev
1.96
canadian dollar
1.301
swiss franc
1.2149
british pound
0.8482
japanese yen
119.4065
us dollar
1.2839

Explanation:

Step1: Identify US Dollar exchange rate

From the table, the exchange rate for US Dollar (with euro = 1) is 1.2839. This means 1 euro = 1.2839 US dollars.

Step2: Determine cost to buy 1 euro

To buy 1 euro, we use the exchange rate. Since 1 euro costs 1.2839 US dollars (from the table's US Dollar row: 1 euro = 1.2839 USD).

Answer:

1.2839