(Related to Checkpoint 19.1) (Converting currencies)The data for the following problem is given in the popup window: An American business needs to pay (a) $10,000 Canadian dollars, (b) 2 million yen, and (c) 50,000 Swiss francs to businesses abroad. What are the dollar payments to the respective countries?

a.The dollar payment to Canada is $_______ . (Round to the nearest dollar.)

Selling Quotes for Foreign Currencies in New York

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CountrydashCurrency

Contract

$/Foreign Currency

Canadadashdollar

Spot

0.8401

30-day

0.8381

90-day

0.8359

Japandashyen

Spot

0.004798

30-day

0.004831

90-day

0.004895

Switzerlanddashfranc

Spot

0.5121

30-day

0.5151

90-day

0.5297