Exchange Rate Exercises 2: Travel the World 1. Martha has the following trip planned - Each part worth 15 points The following are the exchange rates

1 USD = 1.33 CAD Canadian Dollar 1 USD = 71.56 INR Indian Rupee 1 USD = 1.52 AUD Australian Dollar 1 USD = 1207.2 KRW South Korean Won

a. She buys maple syrup in Canada for 3.00 CAD. How many USD will she need to get to 3.00 CAD?

b. She takes $200 USD into Canadian bank to get cash in Canadian dollars. How much will she get?

c. In India, someone offers a beautiful silk scarf for 5,000 rupees. How much is this in USD?

d. In South Korea, there is a tour of the DMA offered for 20,000 KRW. She has $30 left to exchange i. How many KWR will she get for $30? ii. How much will the tour cost in USD?

e. Finally in Australia, she wants to 'swim with the sharks." It will cost 150 AUD to rent a jet ski. How many USD will this cost?

f. She charges a great dinner out for 150 AUD. How much will the credit card bill reflect in USD?