Purchase Solution

Exchange Rates in Other Quotation Format

Not what you're looking for?

Ask Custom Question

You have the following exchange rates available:
FF 5.8860 per US $
GM 1.7558 per US$
US$ 1.6327 per British Pound(BP)

a) Determine the above rates in other quotation format (i.e. if above rates are quoted indirectly,calculate direct quotation,and vice versa) Please provide your answer in proper manner ( i.e. XX per YY).

b) Calculate the exchange rate between FF and BP.

c) What is the exchange rate between FF and GM

Purchase this Solution

Solution Summary

The solution determines the given rates in other quotation format and calculates the exchange rate between FF and BP and FF and GM.

Solution Preview

(a) US$ 0.1699 per FF
US$ 0.5695 per GM
BP 0.6125 per US$

(b) For US$ 1, we get FF ...

Purchase this Solution


Free BrainMass Quizzes
Multiplying Complex Numbers

This is a short quiz to check your understanding of multiplication of complex numbers in rectangular form.

Know Your Linear Equations

Each question is a choice-summary multiple choice question that will present you with a linear equation and then make 4 statements about that equation. You must determine which of the 4 statements are true (if any) in regards to the equation.

Graphs and Functions

This quiz helps you easily identify a function and test your understanding of ranges, domains , function inverses and transformations.

Geometry - Real Life Application Problems

Understanding of how geometry applies to in real-world contexts

Solving quadratic inequalities

This quiz test you on how well you are familiar with solving quadratic inequalities.