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AlgebraQ&A LibraryThe exchange rate gives the value of one country's money in terms of another country's money. Recently, 1.587 U.S. dollars would purchase one British pound. At this rate, what would be the cost in dollars of a waterproof jacket that cost 75 British pounds? Round to the nearest cent.$Start your trial now! First week only $4.99!*arrow_forward*

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The exchange rate gives the value of one country's money in terms of another country's money. Recently, 1.587 U.S. dollars would purchase one British pound. At this rate, what would be the cost in dollars of a waterproof jacket that cost 75 British pounds? Round to the nearest cent.

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