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Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union.

Mikhail Khodorkovsky was one of the infamous Russian oligarchs, accumulating billions of dollars in wealth in the mid-1990s with the fall of the Soviet Union. But in 2003 he had been imprisoned by the Russian state for a decade. Upon his release from prison in 2013, he had taken up residence in

Switzerlandwith

his money. In November2014, Mikhail held a portfolio of

USD210

million and

CHF162

million in Swiss banks, in addition to accounts in Russia still holding

RUB1.5

billion. Using the exchange rate table

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, answer the following:

a. What is the value of Mikhail's portfolio measured in Russian rubles?

b. What is the value of Mikhail's portfolio measured in Swiss francs?

c. What is the value of Mikhail's portfolio measured in U.S. dollars?

d. Which currency demonstrated the greatest fluctuations in total value over the six dates?

Exchange Rates

Exchange Rates Nov. 7, 2013 Nov. 7, 2014 Dec. 4, 2014 Dec. 16, 2014 Dec. 24,2021 Jan.16,2015
Russian Rubles per Swiss franc 35.285 48.258 56.247 70.288 55.367 76.637
Russian Rubles per U.S. dollar 32.407 46.731 54.418 67.505 54.616 65.068
U.S. dollars per Swiss franc 1.088 1.0327 1.0336 1.0412 1.0138 1.1778

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