Question: The table lists foreign exchange rates for August 25, 2017. On that day, how many dollars would be required to purchase 1,500 units of each

The table lists foreign exchange rates for August 25, 2017. On that day, how many dollars would be required to purchase 1,500 units of each of the following: British pounds, Canadian dollars, EMU euros, Japanese yen, Mexican pesos, and Swedish kronas? Use the direct quotation for your calculations. Round your answers to the nearest cent.

The table lists foreign exchange rates for August 25, 2017. On that

day, how many dollars would be required to purchase 1,500 units of

Sample Exchange Rates: Friday, August 25, 2017 Direct Quotation: U.S. Dollars Required to Buy One Unit of Foreign Currency Indirect Quotation: Number of Units of Foreign Currency per U.S. Dollar Australian dollar Brazilian real British pound Canadian dollar Chinese yuan Danish krone EMU euro Hungarian forint Israeli shekel Japanese yen Mexican peso South African rand Swedish krona Swiss franc Venezuelan bolivar fuerte Note: Column 2 equals 1.0 divided by Column 1. However, rounding differences do occur Source: Adapted from The Wall Street Journal (online.wsj.com), August 28, 2017 $0.7930 0.3160 1.2881 0.8011 0.1504 0.1603 1.1924 0.00392003 0.2791 0.00914 0.0568 0.0768 0.1255 1.0454 0.10014972 1.2610 3.1590 0.7763 1.2483 6.6482 6.2392 0.8387 255.10 3.5834 109.36 17.6164 13.0178 7.9651 0.9566 9.9851

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