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Toyota builds a new car in Japan for a cost plus profit of 1,950,000 yen....

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Finance

Toyota builds a new car in Japan for a cost plus profit of 1,950,000 yen. At an exchange rate of 134.Y:$1 the car sells for $14,552.24 in Indianapolis. If the dollar rises in value, against the yen, to an exchange rate of 145Y:$1, what will be the price of the car?

Select one:

a. $13,558.45

b. $13,448.28

c. $14,833.90

d. $15,445.30

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