Converstion of five international currencies into dollar
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I am not sure how to make these conversions.
The first one is Euro
The 2nd one is British Pound
The 3rd is Danish Krone
The 4th is Swiss Franc
The 5th is Yen
For each of the following indirect foreign exchange quotes calculate the amount of US Dollars (USD) needed to purchase the currency (round to four decimal places):
(Euro) 0.7830 / USD -
(British Pound) 0.5322 / USD
(Danish Krone) 5.8413 / USD
(Swiss Franc) 1.2136 / USD
(Yen) 111.7380 / USD
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Solution Summary
The solution converts five different currencies - Euro, British Pound, Danish Krone, Swiss Franc, and Yen into US dollar.
Solution Preview
Currency Amount Currency vis-a-vis USD Amount in USD to purchase the currency
Euro 0.7830 1 Euro = 1.4427 U.S. dollars ...
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