Question

The table lists foreign exchange rates for May 29, 2015. On that day, how many dollars would be required to purchase 1,500 units of each of the following: British pounds, Canadian dollars, EMU euros, Japanese yen, Mexican pesos, and Swedish kronas? Round your answers to the nearest cent.

Sample Exchange Rates: Friday, May 29, 2015
	Direct Quotation: U.S. Dollars Required to Buy One Unit of Foreign Currency (1)	Indirect Quotation: Number of Units of Foreign Currency per U.S. Dollar (2)
Australian dollar	$1.0756	0.9297
Brazilian real	0.6385	1.5662
British pound	1.6426	0.6088
Canadian dollar	1.0392	0.9622
Chinese yuan	0.1553	6.4392
Danish krone	0.1923	5.2004
EMU euro	1.4323	0.6982
Hungarian forint	0.00527	189.75
Israeli shekel	0.2887	3.4641
Japanese yen	0.01297774	77.06
Mexican peso	0.0846	11.8205
South African rand	0.1488	6.7217
Swedish krona	0.1577	6.3420
Swiss franc	1.2983	0.7703
Venezuelan bolivar fuerte	0.22988506	4.3500
Note: Column 2 equals 1.0 divided by Column 1. However, rounding differences do occur.
Source: Adapted from The Wall Street Journal (online.wsj.com), June 1, 2015.

British pounds	=	$
Canadian dollars	=	$
EMU euros	=	$
Japanese yen	=	$
Mexican pesos	=	$
Swedish kronas	=	$

Answer 1

each of - Answers Dollars Required to purchose 1500 units of the following Currencies: British Pound: Exchange Rete (Direct Quote) 1 = $1.6426 for 1500 £ = a $1.6426 x 1500 = $2463.90 Sonadian Dollar Exclonge Rote (Direct Quote) 1 Con.s = $1.0392 for 1500 Con $ = $1.0392x 1500 $1,558.8 EMU Euros. Exchange Rote (Direct Quote) LEMU Euro = $ 104323 for 1500 EMU Euro = $1.4323 x 1500 = $2 148.45 Ja ponese Yen Exclonge Rote (Direct Quote) 1 = $ 0.01297774 for 1500¥ = $0.0129774 x 1500 = $ 19,47

Mexicon Pesos: Exchange Rote (Direct Quote) 1 Mex $ = $0.0846 for 1500 Max $ = $0.0846 x = $126.9 1500 Swedish Kronas: Exchonge Rote (Direct Quote) 1 kr = $0.1577 1sook = $0.1577 x 1500 $ 236.55 For