Must be Typed Exchange Rates Assumption #1: Tuition and room and board at GSU is $25,000 a year and this figure hasn't changed since 2015. Assumption #2: All costs are incurred and paid at the beginning of the academic year. For example, for the 2015-16 academic year costs are paid in August 2015. Assumption #3: 2015-16, 2016-17, and 2017-18 is sophomore year, junior year, and senior year, respectively. So, for sophomore year we use the exchange rates for 2015; for junior year we use the exchange rates for 2016, and for senior year we use the exchange rates for 2017. Assumption #4: Terrance is from the United Kingdom, and he attended GSU. He graduated in May 2018 after four years of study. Maria is from Mexico, and she also graduated in May 2018 from GSU after four years of study. Based on these assumptions and the attached Foreign Exchange Rates table, answer the following questions. 1. How much did it cost in pounds for Terrance to attend GSU his senior year? 2. Did the pound appreciate, depreciate, or stay the same between Terrance's sophomore and junior year? 3. Terrance returned to school his senior year with 300 pounds. How many dollars was that worth? 4. How much did it cost in pesos for Maria to attend GSU her sophomore year? 5. Did the peso appreciate, depreciate, or stay the same between Maria's sophomore and junior year? 6. Maria returns to school her senior year with 2,000 pesos. How many dollars was that worth? Must be Typed COUNTRY *UNITED KINGDOM Please note that for Mexico the exchange rates are in terms of pesos per U.S. dollar and that for the U.K. the exchange rates are in terms of U.S. dollar per pound. In other words, for 2018 it takes 19.21 Pesos to equal $1 and one UK pound is equal to $1.34