Foreign Service Officer Test (FSOT) Practice Exam 2025 – All-in-One Prep Guide for Exam Success!

To find out how many Canadian dollars Dan Preston receives, you need to multiply the amount of US dollars he has by the exchange rate of US dollars to Canadian dollars. In this case, he has 300 US dollars, and the exchange rate is 1 US dollar equals 1.47 Canadian dollars.

The calculation is straightforward:

300 US dollars * 1.47 Canadian dollars/US dollar = 441 Canadian dollars.

This means Dan Preston will receive 441 Canadian dollars upon exchanging his US dollars. The correct answer reflects this calculation accurately, showing an understanding of currency conversion and the significance of exchange rates in international finance.