Answer:
In exchange for $16 canadian currency expected to have $13 United States dollar (approx).
Step-by-step explanation:
Given:
$50 United States(U.S) currency for $62 in Canadian currency(C.C).
For, $16 Canadian currency expected to receive in exchange for United States currency:
First, we need to exchange 1$ C.C for 1$ U.S dollar expected , so we divide $62 C.C with $50 U.S and get
[tex]\frac{50}{62}= 0.806[/tex].
And, then for $16 C.C multiply by $0.806 U.S we get
[tex]16\times0.806=12.896[/tex].
Therefore, in exchange for $16 canadian currency expected to have $13 United States dollar (approx).