Question
Before you leave for vacation to Islamabad 2 years ago, you exchanged RM 1,500 as your pocket money at MYR/PKR = 34.16. After the vacation
Before you leave for vacation to Islamabad 2 years ago, you exchanged RM 1,500 as your pocket money at MYR/PKR = 34.16. After the vacation ended, you still have onethird of the Pakistani Rupees left, which you plan to keep for re-vacation to Pakistan since you love the experience so much. Soon after, the Covid 19 pandemic hits worldwide. It is now 2021, and you are not sure, when is the international border going to re-open. Hence, you decided to convert your balance from the vacation to assist in your daily expenses. Looking at the currency exchange rate, MYR/PKR now trade at 38.03. Calculate your converted amount.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started