Answered step by step
Verified Expert Solution
Question
1 Approved Answer
QUESTION 0 1 : You bought three tickets for game premier betting. You were so lucky that you got TZS . 1 0 . 5
QUESTION :
You bought three tickets for game premier betting. You were so lucky that you
got TZS million for each ticket. You decided to go on a tour to different
countries for adventure. Out of the proceeds of the premier betting, you bought
an air ticket to the USA for TZS million in Dar es Salaam, Tanzania. You
left Tanzania for California in the USA on th June Just before leaving
Tanzania at the airport you passed by a foreign exchange dealer and found the
following direct quotations:
You changed all your money into US dollars. You spent days in California
and spent US $ only on luxury items because you met one of your ex
schoolmates who provided you with accommodation and food for the four days.
You left California for London in the UK after four days of which you again
spent US$ for a ticket. While leaving the USA, you found the following
direct quotations at the airport:
You decided to keep US$ and convert the rest into sterling pounds. You
stayed in London for a week and spent After that week you decided to
travel to Geneva in Switzerland and you bought an air ticket for You
knew you would need Swiss Francs, and when you were checking in at the
airport, you saw the following indirect quotation between the pounds and
dollars
You also saw the indirect quotation between francs and the dollars as follows:
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started