Asked by Alexis Becton on May 26, 2024

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An Australian firm exported manufactured electronic components to the United States valued at 54,800 Australian dollars. The exchange rate for Australian dollars was 0.903497 per U.S. dollar. What was the amount of U.S. dollars the exporter received?​

Australian Dollars

The currency of Australia, often represented as AUD, which is the legal tender in Australia and its territories.

Exchange Rate

The worth of one currency compared to another, establishing the amount of one currency equivalent in another currency for conversion purposes.

U.S. Dollars

The official currency of the United States, used as a standard monetary unit in international finance.

  • Get acquainted with the procedures for currency conversion.
  • Employ conversion rates to determine the identical monetary value in another currency.
  • Interpret exchange rate information from given data.
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Verified Answer

TJ
Tiffany JonesMay 28, 2024
Final Answer :
$60,653.22​