Question
Use the information below to answer the questions that follow. U.S. $ EQUIVALENT Australia Dollar (A$) 0.7002 U.K. Pound () 1.8301 Required : a. How
Use the information below to answer the questions that follow. U.S. $ EQUIVALENT
Australia Dollar (A$) 0.7002
U.K. Pound () 1.8301
Required : a. How many dollars can you get with 100 Australian dollar? 73.521 70.02 66.519 19.9571 or 142.8163
b. How many dollars can you get with 100 U.K. pounds? 173.8595 54.6418 192.1605 57.3739 or 183.01
c. What is the cross-rate for U.K. pounds in terms of Australian dollars? .3635 ae/a$ .4017ae/a$ 2.7444ae/a$ .3826ae/a$ or 2.6137ae/a$
d. What is the cross-rate for Australian dollars in terms of U.K. pounds? 2.74444a$/ae .0417a$/ae .3826a$/ae 2.6137a$/ae or 2.483 a$/ae
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