A man is going to New York for work. He wants to book a hotel online.
A friend says ‘Remember the booking website will show the price in dollars. It will actually cost more pounds than the price shown, because of the exchange rate.’ The man checks the exchange rate because he thinks his friend is wrong. He think that the number of pounds will be less than the number of dollars shown.
Who is right, the man or his friend?
Explain your answer.