If USD/JPY is 116.01 and EUR/USD is 1.1597, calculate the (correctly rounded) EUR/JPY rate: Select one: a. 100.0345 b. 134.54 c. 134.5368 d. 100.03

Question

If USD/JPY is 116.01 and EUR/USD is 1.1597, calculate the (correctly rounded) EUR/JPY rate: Select one: a. 100.0345 b. 134.54 c. 134.5368 d. 100.03
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

To calculate the EUR/JPY rate, you need to multiply the USD/JPY rate by the EUR/USD rate.

Here's the step-by-step calculation:

  1. Multiply the USD/JPY rate (116.01) by the EUR/USD rate (1.1597).

    Calculation: 116.01 * 1.1597 = 134.536877

  2. Round the result to four decimal places, as is stan Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

If USD/JPY is 116.01 and EUR/USD is 1.1597, calculate the (correctly rounded) EUR/JPY rate: Select one: a. 100.0345 b. 134.54 c. 134.5368 d. 100.03

Calculate the EUR/JPY spot rate using the following spot rates: EUR/USD: 1.1360 USD/JPY: 109.4818 (Round your answer to 2 decimal places)

If AUD/USD is 0.7515/19 and EUR/USD is 1.1592/97, calculate the offer rate for AUD/EUR: Select one: a. 0.6480 b. 1.5417 c. 0.6484 d. 0.6486

You are a price maker. Your 6-month EUR/USD swap rate is 25/26. At what rate would a corporate customer buy and sell USD spot versus 6 months?

What equation would correctly calculate the total amount if an item costs $50 and the sales tax amount is ?

1/3