Question: The table lists foreign exchange rates for August 30, 2018. On that day, how many dollars would be required to purchase 600 units of each

 The table lists foreign exchange rates for August 30, 2018. On

The table lists foreign exchange rates for August 30, 2018. On that day, how many dollars would be required to purchase 600 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. Sample Exchange Rates: Thursday, August 30, 2018 Direct Quotation: Indirect Quotation U.S. Dollars Required to Number of Units of Buy One Unit of Foreign Currency per Foreign Currency U.S. Dollar (1) (2) Australian dollar 0.7264 1.3767 Brazilian real 0.24199 4.1504 British pound 1.3009 0.7667 Canadian dollar 0.7702 1.2954 Chinese yuan 0.1451 6.844 Danish Krone 0.1565 6.3669 EMU euro 1.1670 0.8569 Hungarian forint 0.0035701 280.10 Israeli Shekel 0.2767 3.6136 Japanese Yen 0.00901 110.99 Mexican peso D.0523 19.1133 South African rand 0.0679 14.7205 Swedish Krona 0.1096 9.1200 Swiss franc 1.0317 1.9692 Venezuelan bolivar fuerte 0.00000403 242409.0001 Note: Column 2 equals 1.0 divided by Column 1. However, rounding differences do vocur. Saurce: Adapted frar The Wall Street Journal (www.wsj.com), August 30, 2018. -5 -$ 600 British pounds 600 Canadian dollars 600 EMU euros 600 Japanese yen 600 Mexican pesos 600 Swedish kronas = 5 The table lists foreign exchange rates for August 30, 2018. On that day, how many dollars would be required to purchase 600 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. Sample Exchange Rates: Thursday, August 30, 2018 Direct Quotation: Indirect Quotation U.S. Dollars Required to Number of Units of Buy One Unit of Foreign Currency per Foreign Currency U.S. Dollar (1) (2) Australian dollar 0.7264 1.3767 Brazilian real 0.24199 4.1504 British pound 1.3009 0.7667 Canadian dollar 0.7702 1.2954 Chinese yuan 0.1451 6.844 Danish Krone 0.1565 6.3669 EMU euro 1.1670 0.8569 Hungarian forint 0.0035701 280.10 Israeli Shekel 0.2767 3.6136 Japanese Yen 0.00901 110.99 Mexican peso D.0523 19.1133 South African rand 0.0679 14.7205 Swedish Krona 0.1096 9.1200 Swiss franc 1.0317 1.9692 Venezuelan bolivar fuerte 0.00000403 242409.0001 Note: Column 2 equals 1.0 divided by Column 1. However, rounding differences do vocur. Saurce: Adapted frar The Wall Street Journal (www.wsj.com), August 30, 2018. -5 -$ 600 British pounds 600 Canadian dollars 600 EMU euros 600 Japanese yen 600 Mexican pesos 600 Swedish kronas = 5

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