If the exchange rate from euros to dollars is .875 euros per dollar. A company in the United States purchased $1,500 in merchandise from another in Spain. How many euros will it take to pay the invoice at the indicated exchange rate?

A Japanese company sold merchandise for ¥2,000,000 (Japanese yen). On the payment date the exchange rate is 1 yen = 0.0090 dollars. How much will it cost the North American company to pay the bill at that exchange rate?

A French company borrowed $5,000,000 dollars to make a transaction that had to be in that currency. Later, when paying, you realize that the exchange rate is €1 (1 euro) for $1.12 (dollars). How many euros will you use to pay the debt?

Answer rating: 100% (QA)

To calculate the amounts in euros and dollars for each of these scenarios you can use the given exch... View the full answer