Question
An American business must pay 3,00 Yuan to a Chinese corporation. On the day of the transaction, the U.S. equivalent is 0.1464, and the currency
An American business must pay 3,00 Yuan to a Chinese corporation. On the day of the transaction, the U.S. equivalent is 0.1464, and the currency per U.S. dollar is 6.8328. How many dollars will be required for this transactions?
$20,498.40
$439.20
$440.05
$20,491.80
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Practical Management Science
Authors: Wayne L. Winston, Christian Albright
5th Edition
1497
