The exchange rate is .7663 U.S. dollars per Brazilian real. How many U.S. dollars are needed to purchase 8,200 Brazilian reals?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter27: Multinational Financial Management
Section: Chapter Questions
Problem 8P
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The exchange rate is .7663 U.S. dollars per Brazilian real. How many U.S. dollars are needed to purchase 8,200 Brazilian reals? 

 

 
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