One Canadian dollar is valued 0.96 of a dollar. One Canadian dollar is valued at what fraction of a US dollar? Explain your work

Respuesta :

.96/1.00,
because 1 dollar is equal .96 of candadian money. or 96/100
0.96 = [tex]\frac{96}{100}[/tex]
Simplest form: [tex]\frac{24}{25}1/tex]