Megahurtz International Car Rentals has rent-a-car outlets throughout the world. It keeps funds for transaction purposes in many foreign currencies. Assume that in 20XX it held 250,000 reals in Brazil worth $180,000. It earned 13 percent interest, but the real declined 26 percent against the dollar.

a. What is the value of its holdings, based on Canadian dollars, at year-end? (Do not round intermediate calculations.)

Value of the holdings $

b. What is the value of its holdings, based on Canadian dollars, at year-end if it earned 10 percent and the real went up by 14 percent against the dollar? (Do not round intermediate calculations.)

Value of the holdings $