Question: The data for the following problem is given in the popup window: An American business needs to pay (a) 15,000 Canadian dollars, (b) 1.5 million
The data for the following problem is given in the popup window:

An American business needs to pay (a) 15,000 Canadian dollars, (b) 1.5 million yen, and c. 55,000 Swiss francs to businesses abroad. What are the dollar payments to the respective countries?
a.The dollar payment to Canada is $__ Round to nearest dollar
b. yen
c. francs
\begin{tabular}{|lcc|} \hline \multicolumn{3}{|c|}{ Selling Quotes for Foreign Currencies in New York } \\ Country-Currency & Contract & \$/Foreign Currency \\ Canada-dollar & Spot & 0.8502 \\ & 30-day & 0.8473 \\ & 90-day & 0.8453 \\ Japan-yen & Spot & 0.004738 \\ & 30-day & 0.004778 \\ & 90-day & 0.004845 \\ Switzerland-franc & Spot & 0.5132 \\ & 30-day & 0.5171 \\ & 90-day & 0.5327 \end{tabular}
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