Question: please answer both Olivia just came back from India, where the Indian rupee(INR) was worth $0.015. Olivia still has INR30,000 from her trip and could
Olivia just came back from India, where the Indian rupee(INR) was worth $0.015. Olivia still has INR30,000 from her trip and could exchange them for dollars at the airport, but the airport foreign exchange desk will only buy them for $0.013 per Indian rupee. Next week, Olivia will be going to Japan and will need Japanese yen. The airport foreign exchange desk will sell Olivia Japanese yens for $0.0093 per Japanese yen. Olivia met a tourist at the airport who is from Japan and is on his way to India. He is willing to buy INR30,000 from Olivia for 42,100 Japanese yens. How many Japanese yens will Olivia get if she chooses to make the exchange using airport foreign exchange desk? 42,800.33 41,935.48. 42,100.00 42,264.52 Question 26 (3.03 points) Continued from the above question, should Olivia accept the tourist's offer or cash the India rupee at the airport? Why or Why not? Olivia shall accept the tourist's offer because Olivia would get 164.52 more Japanese yens. Olivia shall not accept the tourist's offer because Olivia would get 164.52 less Japanese yens. Olivia shall not accept the tourist's offer because Olivia would get 700.33 less Japanese yens. It doesn't matter since Olivia would get the same amount of Japanese yens
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