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DO NOT USE EXCEL. PLEASE USE LEGIBLE HANDWRITING TO SHOW WORK. Suppose one British pound can purchase 1.82 U.S. dollars today in the foreign exchange

DO NOT USE EXCEL. PLEASE USE LEGIBLE HANDWRITING TO SHOW WORK.

Suppose one British pound can purchase 1.82 U.S. dollars today in the foreign exchange market, and currency forecasters predict that the British pound will depreciate by 9.0% against the US dollar over the next 30 days. How many US dollars will a pound buy in 30 days?

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