A software company in Canada outsourced 20 software development projects to Malaysia for 30,500 Malaysian ringgits (RM)

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A software company in Canada outsourced 20 software development projects to Malaysia for 30,500 Malaysian ringgits (RM) last year. How many projects can it outsource this year for the same amount of Canadian dollars as spent last year if the cost to do the job remains the same but the exchange rate changed from C$1 = RM3.162524 last year to C$1 = RM3.351163 this year. Assume that each of the projects has the same value.

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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