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U les, foxes, and improvements, choose Check for Updates. A B C D E Ryan Lock had planned his trip to the Olympic Games in

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U les, foxes, and improvements, choose Check for Updates. A B C D E Ryan Lock had planned his trip to the Olympic Games in Rio de Janeiro, Brazil, for many months. He had budgeted - saved - $15,000 for expenses while in Rio. But he had postponed exchanging the dollars for Brazilian currency - real (BRL) - until the very last minute, doing it in the airport in the United States at BRL 3.1805 = 1.00 USD. Given the following average exchange rates in the spring and summer of 2016, when should he have exchanged the dollars for real to maximize his Brazilian spending money? Assumptions US dollar funds for expenses in Rio de Janeiro Value $15,000.00 3 4 5 6 .7 18 19 20 Average exchange rate for the month (BRL - 1.00 USD): January February March April May June BRL 4.6513 BRL 3.9781 BRL 3.6734 BRL 3.4634 BRL 3.5188 BRL 3.4222 Conversion Problem 27 MacBook Air esc 10 80 F2 888 F6 00 8 55 56 51 @ A 1 2 + $ 4 3 % 5 6 7 8 W E R T Y U B C E D Proceeds swers razilian real proceeds from exchange by month: USS x spot exchange rate (BRL = 1.00 USD) January February March April May June July August 8 in Airport Problem Ax MacBook Air 80 F3 og F6 57 N 1 # 3 & $ 4 % 5 6 7 8 Q W E R T Y U A S D F G

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