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please solve it in 20 mins I will thumb you up n Question 10 If that amount (from above) is then switched to dollars at
please solve it in 20 mins I will thumb you up
n Question 10 If that amount (from above) is then switched to dollars at the unofficial (black market) rate, how many dollars can be purchased? Question 11 Question 12 2 pts 2 pts Now the above two questions will be flipped. If Ms. Ego could remove $10,000 at the unofficial rate for pounds first and then convert it to dollars at the official rate, how many dollars would she end up with? (That is, convert $10,000 to pounds at the black market rate and then convert those pounds to dollars at the official rate. Note that your answer should be very different from the above two questions, even though the XR are the same, just the order is switched.) 2 pts Suppose you are visiting Guatemala, with the currency of quetzales (Q). You decide to do a spontaneous trip to Copn, Honduras which uses lempira (L) as their currency. Due to being a border town and many tourists coming from Guatemala, stores in Copn accept quetzales. The rough exchange rates were Q10 = $1 and L20 = $1. You get a pizza for lunch that costs L400. Having only quetzales, the hostess charges you Q800. This means you were charged how many dollars for the meal? n Question 10 If that amount (from above) is then switched to dollars at the unofficial (black market) rate, how many dollars can be purchased? Question 11 Question 12 2 pts 2 pts Now the above two questions will be flipped. If Ms. Ego could remove $10,000 at the unofficial rate for pounds first and then convert it to dollars at the official rate, how many dollars would she end up with? (That is, convert $10,000 to pounds at the black market rate and then convert those pounds to dollars at the official rate. Note that your answer should be very different from the above two questions, even though the XR are the same, just the order is switched.) 2 pts Suppose you are visiting Guatemala, with the currency of quetzales (Q). You decide to do a spontaneous trip to Copn, Honduras which uses lempira (L) as their currency. Due to being a border town and many tourists coming from Guatemala, stores in Copn accept quetzales. The rough exchange rates were Q10 = $1 and L20 = $1. You get a pizza for lunch that costs L400. Having only quetzales, the hostess charges you Q800. This means you were charged how many dollars for the mealStep by Step Solution
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