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3. (20 points) You are traveling internationally for business. Here is a list of your expenses. Note that the expenses are in the local currencies:

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3. (20 points) You are traveling internationally for business. Here is a list of your expenses. Note that the expenses are in the local currencies: Euros (EUR), Indian Rupees (INR), and Chinese Yuan (CNY). Stop 1: Frankfurt, Germany EUR Stop 2: Mumbal, India INR Stop 3: Beijing, China CNY Currency Lodging Food Misc. 455.75 615.90 195.00 18,750.00 9,606.83 5,230.00 4,320.72 2,009.50 1,730.00 The exchange rates at the time of your trip were as follows. Note that USD means U.S. Dollars. change rate .741235 USD/EUR 62.57822 USD/INR 6.108735 USD/CNY (20 points) Use a foreign exchange website (such as https://finance.yahoo.com/) to find current exchange rates. Report the rate with the same amount of precision as you see on the website. 1) a. Find the exchange rate between EUR and USD. USD/EUR b. Find the exchange rate between INR and USD. USD/INR c. Find the exchange rate between CNY and USD. USD/CNY 2) Using the current rates you found from the website and the expense tables from 3, answer the following questions. a. How much, in terms of U.S. Dollars, did you spend on Food in China? b. How much, in terms of U.S. Dollars, did you spend on miscellaneous expenses (Misc.) in Germany? I c. What was the total amount you spent, in USD, on the whole trip

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