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In 2019 a US investor purchases Australian dollars at an exchange rate of $1 = 1.45 Australian dollars. In 2020 the exchange rate is $1
In 2019 a US investor purchases Australian dollars at an exchange rate of $1 = 1.45 Australian dollars. In 2020 the exchange rate is $1 = 1.38 Australian dollars. If his investment was $10,000. How much did he win or lose?
If your answer is a loss use the minus sign (Ex loss 300 write -300) Round your answer to zero decimal places Don't use comma separators
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