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Use the following information for the next 2 questios: During World War I, the Russian ruble would be convertible to gold at 2 1 .

Use the following information for the next 2 questios: During World War I, the Russian ruble would be convertible to gold at 21.06 rubles per ounce. Bulgaria's currency, lev, was pegged against gold at 10.76 oz/lev. What was the ruble/lev exchange rate?
Rouble per ounce of gold: 21.06 RUB
- Lev per ounce of gold: 10.76 lev
- Exchange rate: 21.06 RUB per ounce /10.76 lev per ounce =1.96 RUB/lev
Answer to Question 3: 1.96 RUB/LEV
**Question 4:**
If Candies Co. had 8 oz of gold and 13 levs, how much was it in rubles?
Question 4 options:
-3,115.58
-2,024.08
-193.96
-99.08

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