Jill traveled to Canada and bought a new lamp for $460 Canadian dollars. In U.S. dollars (to the nearest cent) this is equivalent to
To find the equivalent amount in U.S. dollars, we need to convert the Canadian dollars to U.S. dollars using the exchange rate. The current exchange rate is approximately 1 Canadian dollar equals 0.79 U.S. dollars.
So, to convert $460 Canadian dollars to U.S. dollars, we multiply it by the exchange rate:
$460 Canadian dollars * 0.79 U.S. dollars/Canadian dollar ≈ $362.20 U.S. dollars
Therefore, $460 Canadian dollars is equivalent to approximately $362.20 U.S. dollars.
To convert Canadian dollars(CAD) to U.S. dollars(USD), you will need to use the current exchange rate between the two currencies.
1. Find the current exchange rate: Visit a reliable financial website, such as XE.com or OANDA.com, and look for the exchange rate between CAD and USD.
For this example, let's assume the current exchange rate is 1 CAD = 0.8 USD.
2. Calculate the equivalent amount in U.S. dollars:
Multiply the amount in Canadian dollars by the exchange rate.
$460 CAD * 0.8 USD/CAD = $368 USD
Therefore, Jill's purchase of $460 CAD is equivalent to approximately $368 USD (to the nearest cent).
A Canadian dollar is worth 0.86 US Dollar.
460 * 0.86 = $395.60