Question
Regina has decided to take a semester off from her university studies to travel overseas. She has 10,000 Australian dollars (AUD) which she wants to
Regina has decided to take a semester off from her university studies to travel overseas. She has 10,000 Australian dollars (AUD) which she wants to convert to Euros (EUR). She was given the following retail quotes:
BUY SELL
1 AUD/EUROS .8425 .8175
1 AUD/YEN 88.00 84.00
Required:
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How many Euros will Regina have when she converts her 10,000 AUD? Show workings.
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Regina earned 100,000 Japanese YEN working in a bar in Tokyo and she wants to send this money home to her mother in Australia. How many AUD will she be able to send to her mother? Show workings.
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Cryptocurrency Trading From Beginner To Advanced
Authors: Jim Hoffer
1st Edition
1774341247, 978-1774341247
