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1. Mosa travelled from Kurdistan to United States for a one-week holiday in June this year. Before travelling Mosa had 3,000,000 Iraqi dinars. While in

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1. Mosa travelled from Kurdistan to United States for a one-week holiday in June this year. Before travelling Mosa had 3,000,000 Iraqi dinars. While in the United States, Mosa spent 3 nights in a popular Chicago hotel, but thereafter decided to spend the remaining days of his holiday with friends. Consequently, Mosa only spent three- quarters of his money before returning to Kurdistan. Just before Mosa travelled to the United States, his local bank's bid rate was $0.00069 and it's ask rate was $0.00080, and this rate has remained unchanged by the time Mosa returned from holiday. Required: a). What is the amount of dollars Mosa took to the United States on holiday, and how much dinars did he have left on return from the United States? b). How much dollars did Mosa take to the United States on holiday, and how much dinar did he have left on return to Kurdistan

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