Question: IN AaBbccddee AaBbccddee AaBbCcDc AaBbCcDdEt A No Spacing Heading 1 Heading 2 Normal Melanie Smith decided to open a savings account in Europe two years
IN AaBbccddee AaBbccddee AaBbCcDc AaBbCcDdEt A No Spacing Heading 1 Heading 2 Normal Melanie Smith decided to open a savings account in Europe two years ago. At the time of investment, Melanie converted USD150,000 to Pound Sterling at an exchange rate of $1.404/pound. The interest rate in Europe was 3.5% and today Melanie is converting her savings balance (principal plus interest) to USD dollars when the exchange rate is $1.464/pound. How much money will she receive
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