Assume the usd equivalent of the norwegian krone is .1425. if you have nkr5,500, how much do you have in us dollars? $42,608.14 $861.42 $38,596.49 $783.75 $16,216.50
The correct answer from the given option is $38,596.49. Given that 1USD = 0.1425 Nkr if i have 5500 Nkr, how many dollars i have; ? Amount in dollars = 5500 / 0.1425 = $38,596.49 Thus 5500 nkr = 38,596.49 USD