Question: (a) The following table lists foreign exchange rates between US dollars and British pounds during April. Date US Dollars per Date US Dollars per GBP

 (a) The following table lists foreign exchange rates between US dollars

(a) The following table lists foreign exchange rates between US dollars and British pounds during April. Date US Dollars per Date US Dollars per GBP GBP 4/1 1.9564 4/18 1.7504 4/4 1.9293 4/19 1.7255 4/5 1.914 4/20 1:6914 14/6 1.9374 4/21 1.672 477 1.961 4/22 1.6684 4/8 11.8925 4/25 1.6674 4/11 11.8822 4/26 1.6857 14/12 1.8558 4/27 1.6925 4/13 1.796 4/28 1.7201 4/14 1.7902 4/29 1.7512 4/15 1.7785 NB: The interpretation of the rate is 1GBP US$1.9564(4/1) (a) The following table lists foreign exchange rates between US dollars and British pounds during April. Date US Dollars per Date US Dollars per GBP GBP 4/1 1.9564 4/18 1.7504 4/4 1.9293 4/19 1.7255 4/5 1.914 4/20 1:6914 14/6 1.9374 4/21 1.672 477 1.961 4/22 1.6684 4/8 11.8925 4/25 1.6674 4/11 11.8822 4/26 1.6857 14/12 1.8558 4/27 1.6925 4/13 1.796 4/28 1.7201 4/14 1.7902 4/29 1.7512 4/15 1.7785 NB: The interpretation of the rate is 1GBP US$1.9564(4/1)

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