If a United States dollar is worth $1.41 in Canadian money, how much is $100 in Canadian money worth in the united state money, to the nearest cent
1.41/100 = 1/x
1.41x = 100
x = 100/1.41 = $70.92
( your textbook must be from the Clinton era. During the Bush years, it was reversed, the Canadian dollar was worth more. Now under Obama we are slipping again and the US dollar is rising, 1 US = appr 1.18 CND . As you can tell I am Canadian )
since I posted a question u are not even willing to look at it its not fair reiny
To determine how much $100 in Canadian money is worth in United States dollars, we need to divide the value of the Canadian dollar by the value of the United States dollar.
Given that the exchange rate is $1.41, it means that 1 Canadian dollar is worth $1.41 United States dollars.
To find out the value of $100 Canadian in United States dollars, we can set up a proportion:
1 Canadian dollar = $1.41 United States dollars
$100 Canadian dollar = x United States dollars
Now, let's solve for x:
x = ($100 Canadian dollars) / (1 Canadian dollar / $1.41 United States dollars)
x = $100 * $1.41
x = $141
Therefore, $100 Canadian is worth approximately $141 United States dollars.