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(Related to Checkpoint 5.1) (Converting currencies) The data for the following problem is given in the popup window: B. An American business pays $10,000, $15,000,

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(Related to Checkpoint 5.1) (Converting currencies) The data for the following problem is given in the popup window: B. An American business pays $10,000, $15,000, and $20,000 to suppliers in Japan, Switzerland, and Canada, respectively. How much, in local currencies, do the suppliers receive? a. If the American business pays $10,000, suppliers in Japan will receive yen. (Round to the nearest whole number.) Data Table Selling Quotes for Foreign Currencies in New York Country Currency Contract $/Foreign Currency Canada dollar Spot 0.8324 30-day 0.8304 90-day 0.8282 Japan-yen Spot 0.004798 30-day 0.004831 90-day 0.004895 Switzerland franc Spot 0.5079 30-day 0.5109 90-day 0.5255 Print Done

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