In the United States, Lowes sells a particular carpet for $4.88 per square foot. In the United Kingdom, Carpet Right sells a similar carpet for £12.99 per square meter (thats 12.99 Pounds Sterling per square meter).The current exchange rate is 1 Pound Sterling = 1.28 U.S. Dollars.a. Convert the price of Carpet Right's carpet into U.S. Dollars per square foot (Use the specific 4 decimal place conversion factor between square feet and square meters from the unit conversion sheet provided for this class). Do not round intermediate computations. Round your final answer to two decimal places.
