Question: With using a Texas Instrument, BA II calculator only. I need to understand how you got this answer. Thank you. Mexico and Quartzite. The spot
With using a Texas Instrument, BA II calculator only. I need to understand how you got this answer.
Thank you.

Mexico and Quartzite. The spot rate for Mexican pesos is Ps 12.42/$. If the U.S.-based company Quartzite Inc. buys Ps508,000 spot from its bank on Wednesday, how much must Quartzite pay and on what date? How much must Quartzite pay? The cost in US$ is $ (Round to the nearest cent)
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