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Use XE.com for exchange rates! 5) Denise is considering taking one long trip where she will go from the USA to Mexico (MXP) and then
Use XE.com for exchange rates!
5) Denise is considering taking one long trip where she will go from the USA to Mexico (MXP) and then to Italy and then to Britain (GBP). If she starts with $5,000 USD, how many MXP will she receive, without a currency exchange fee? While in Mexico Denise spends 30,000 MXP, how many Euros will she receive when she arrives in Italy? If she spends 1,000 Euros in Italy, then hos many GBP will she receive when she converts her money into GBP, without a currency exchange fee? If Denise spends 1000 GBP while in Britain, how many USD will she receive when she converts her money back into USD, without a currency exchange fee? (30 points)Step by Step Solution
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