Compute the amount of each foreign currency that can be purchased for $2 million: 1 Korean...
Compute the amount of each foreign currency that can be purchased for $2 million:
-
1 Korean won = $0.0004 (Round your answer to the nearest whole number.)
-
1 Malaysian ringgit = $0.3244 (Round your answer to the nearest whole number.)
-
1 Thai baht = $0.0337 (Round your answer to the nearest whole number.)
Homework Answers
| a) | Korean won = 2000000/0.0004 = | 5000000000 | WON |
| b) | ringgit = 2000000/0.3244 = | 6165228 | ringgit |
| c) | Thai baht = 2000000/0.0337 = | 59347181 | Thai baht |
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Compute the amount of each foreign currency that can be purchased for $2 million: 1 Korean...
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(Phrase your explanation in parts b and d: as “If you sell one
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(Phrase your explanation in parts b and d: as “If you sell one
(specify the currency) to the dealer, you will receive
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buy one (specify the currency) from the dealer, you will
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Using the quotes provided above, answer the following question.
(Phrase your explanation in parts b and d: as “If you sell one
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(specify the number of units and the currency)” or “If you
buy one (specify the currency) from the dealer, you will
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sell one (specify the currency) to the dealer, you will
receive (specify the number of units and the currency)” or
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question. (Phrase your explanation in parts b and d: as “If you
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