IsaacDez. IsaacDez Peris lives in Rio de Janeiro. While attending school in Spain he meets Juan Carlos Cordero from Guatemala. Over the summer holiday Isaac decides to visit Juan Carlos in Guatemala City for a couple of weeks.Isaac's parents give him some spendingmoney,

R$4,900.

Isaac wants to exchange it for Guatemalan quetzals(GTQ). He collects the followingrates:

Spot rate on the

GTQ/

exchange rate is GTQ10.6611=1.00

Spot rate on the

/R$

exchange rate is0.3828=R$1.00

a. What is the Brazilianreal/Guatemalan quetzal crossrate?

b. How many quetzals will Isaac get for hisreais?