• You travelled to Europe this summer. You thought you might need cash so before your trip you bought euros worth $$1,000$ from Citizens at USD $1\mathrm{.}10/$ EUR. When you arrived in France you didn't spend any of the euros. $($real advice: always use your credit card in France! you will get the best exchange rate! this may$/$may not apply to other countries in Europe.$)$ Then you travelled to Denmark. You sold the euros for Danish krone at DKK $7\mathrm{.}44/$EUR$.$ It turned out you didn't need cash in Denmark either. You hopped on the ferry to Sweden and again exchanged your money in the local currency at DKK $0\mathrm{.}65/$ SEK. How many SEK did you buy? Please round to TWO decimal places.

 

Answer rating: 100% (QA)

To calculate the amount of SEK Swedish krona you bought we need to ... View the full answer