Question
One Swiss franc is worth $.0055, and a New Zealand dollar (NZD) is worth $.495. What is the value of the franc in NZD (i.e.,
One Swiss franc is worth $.0055, and a New Zealand dollar (NZD) is worth $.495. What is the value of the franc in NZD (i.e., how many NZD do you need to buy a franc)?
a.1.29.
b.0.011.
c.181.81.
d.90.
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Personal Finance
Authors: Jeff Madura
5th edition
132994348, 978-0132994347
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