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The quote for GBP/USD is listed as [tex]$1.5869 / 76$[/tex]. How many U.S. dollars does it cost to buy 1 British pound?

A. 1.5869
B. 1.7658
C. 1.5876
D. 1.7669

Sagot :

GinnyAnsweridn
To solve this problem, we need to interpret the quote for GBP/USD. The quote indicates how much one British pound costs in U.S. dollars.

The quote given is [tex]$1.5869, which means that it costs $[/tex]1.5869 to buy 1 British pound.

Now, let’s review the options:

A. 1.5869
B. 1.7658
C. 1.5876
D. 1.7669

Based on the quote, the correct amount of U.S. dollars needed to buy 1 British pound is $1.5869.

Therefore, the correct answer is:
A. 1.5869
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