Results of exchange rate changes Early in September 1983, it took 275 Japanese y

Question

Results of exchange rate changes

Early in September 1983, it took 275 Japanese yen to equal $1. Nearly 28 years later, in August 2011, that exchange rate had fallen to 105 yen to $1. Assume that the price of a Japanese-manufactured automobile was $9,000 in September 1983 and that its price changes were in direct relation to exchange rates.

Has the price, in dollars, of the automobile increased or decreased during the 28-year period because of changes in the exchange rate?

Increase or Decrease

What would the dollar price of the automobile be in August 2011, again assuming that the car's price changes only with exchange rates? Round your answer to the nearest cent.
$  

I know it increases, just unsure on the dollar price of the automobile be in August 2011. An anonymous answered this question already but it was wrong and they haven't revised it. Any help is greatly appreciated!

Explanation / Answer

$ Yen Cost of Automobile$ Cost of Automobile Yen 1 yen=$ Sept , 1983                       1            275                  9,000          2,475,000 0.003636 Aug , 2011                       1            105                23,571          2,475,000 0.009524 So the price of automobile is $23,571 is Aug 2011

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