Question
Mrs. Thompson is shopping for books for her FINB 255 Class. She has decided to source these books internationally and has discovered the following availability.
Mrs. Thompson is shopping for books for her FINB 255 Class. She has decided to source these books internationally and has discovered the following availability. Mrs. Thompson decides to order them and pay through PayPal and is considering the following:
- 16books from South Africa that she has negotiated a price of ZAR7800 for all.
- 18 books from Nigeria that she has negotiated a price of NGN 10,505 for each one.
- 13 books from Mexico that she has negotiated a price of MXN 8,950for all.
- 12 from Jamaica that she has negotiated a price of Jamaican Currency 4,300 for each one.
- 10 from Barbados that students are willing to sell for Barbados Currency661.75 for all.
- 12 from Suriname that are being sold for SRD248 for each one.
- 10 from Cayman at a cost ofKYD 270.60 for all.
Questions:
1.How much did she pay for all of the books that she purchased in United States Dollars.
2.What is the average cost of the books that she purchased in the currency of Thailand?
3.If she wanted to spend no more than US$ 33.65 for each book that she purchased, how much did she over/under spend in the currency of Guyana?
4.If Mrs. Thompson sells all books purchased at the end of the Semester at 50% of the total purchase price to a supplier in India, how much will she receive in INR?
5.Mrs. Thompson is contemplating selling all books to the University of Manila at a cost of PHP 1375 each, how much did she profit or loss in the currency of Singapore for her sale to the University of Manila?
6.How much did Mrs. Thompson spend for all books in the currency of Dominica?
COUNTRY CURRENCY CODE 1FX TO USD $1USD to VALUE
UNITED STATES DOLLAR USD 1 1
SOUTH AFRICA RAND ZAR 0.0600548 16.65145833
NIGERIA NAIRA NGN 0.00258898 386.252501
MEXICO PESO MXN 0.0456897 21.88677098
JAMAICA DOLLAR JMD 0.00668017 149.6967892
BARBADOS DOLLAR BBD 0.5 2
SURINAME DOLLAR SRD 0.13411 7.456565506
CAYMAN DOLLAR KYD 1.21952 0.819994752
THAILAND BAHT THB 0.0321117 31.14129741
GUAYANA DOLLAR GYD 0.0047811 209.1568886
INDIA RUPEE INR 0.0134246 74.4899
PHILIPINES PESO PHP 0.0206615 48.39919657
SINGAPORE DOLLAR SGD 0.7235605 1.382054438
DOMINICA DOLLAR XCD 0.370043 2.702388641
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