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4. Problem 17.05 (Exchange Rates) eBook The table lists foreign exchange rates for August 30, 2018. On that day, how many dollars would be required

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4. Problem 17.05 (Exchange Rates) eBook The table lists foreign exchange rates for August 30, 2018. On that day, how many dollars would be required to purchase 1,800 units of each of the following: British pounds, Canadian dollars, EMU euros, Japanese yen, Mexican pesos, and Swedish kronas? Use the direct quotation for your calculations, Round your answers to the nearest cent. Sample Exchange Rates: Thursday, August 30, 2018 Direct Quotation: Indirect Quotation: U.S. Dollars Required to Number of Units of Buy One Unit of Foreign Currency per Foreign Currency U.S. Dollar (2) Australian dollar 0.7264 1.3767 Brazilian real 0.2409 4.1504 British pound 1.3009 0.7687 Canadian dollar 0.7702 1.2984 Chinese Yuan 0.1461 6.8445 Danish Krone 0.1565 6.3889 EMU euro 1.1670 0.8569 Hungarian Forint 0.00357015 280.10 Israeli Shekel 0.2767 3.6136 Japanese Yen 0.00901 110.99 Mexican peso 0.0523 19.1133 South African rand 0.0679 14.7205 Swedish Krona 0.1096 9.1200 Swiss franc 1.0317 0.9693 Venezuelan bolivar fuerte 0.00000403 241409.0001 A-Z Note: Column 2 equals 1.0 divided by Column 1. However Founding differences do occur. Source: Adapted from The Wall Street Journal (www.wsj.com), August 30, 2018 - $ 1.800 British pounds 1.800 Canadian dollars 1.300 EMU euros 1.000 Japanese Yen 1.300 Mexican pesos 1.800 Swedish kronas

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