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An Australian garments importer has received summer polo shirts from India and will pay 3 million Indian rupees (INR) in one year. The importer expects

An Australian garments importer has received summer polo shirts from India and will pay 3 million Indian rupees (INR) in one year. The importer expects that the value of the INR will appreciate by 21.58% against the Australian dollar from todays spot rate of 0.2666 in one year. How much Australian dollar needs to pay 3 million INR after one year? (enter the whole number with no sign or symbol) Answer:972397

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