Question: PLEASE SHOW ALL WORK FOR THE PROBLEM! I do not receive credit unless all work is shown. Thank you! 8. (9) The British pound is

PLEASE SHOW ALL WORK FOR THE PROBLEM! I do not receive

PLEASE SHOW ALL WORK FOR THE PROBLEM! I do not receive credit unless all work is shown. Thank you!

8. (9) The British pound is currently worth 1.50 US dollars. The return in the United States is 12 percent and the return in the U.K. is 4 percent. What should the pound be worth in one year

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