Question: Work the following problems using the table. Choose the correct answe Foreign exchange NEW YORK (AP) New York prices. Fgn. currency in dollars Dollar

Work the following problems using the table. Choose the correct answe Foreign

Work the following problems using the table. Choose the correct answe Foreign exchange NEW YORK (AP) New York prices. Fgn. currency in dollars Dollar in fgn. currency Wed. Tue. Wed. Tue. France .2301 .2312 4.3450 4.3450 Greece .0274 .0274 36.45 36.45 Holland .4576 .4911 2.0500 2.0360 Hong Kong .2091 .2087 4.7830 4.7925 y India .1290 .1290 7.7519 7.7519 Indonesia .0024 .0024 415.00 415.00 Iran x Israel .0142 .0142 70.45 70.45 .0542 .0542 18.46 18.46 Italy .00119 .001193 840.10 839.00 Japan .00526 .005296 190.45 188.75 30 day fut. .005297 .005376 188.78 186.00 60 day fut. .005347 .005393 187.00 185.40 90 day fut. .005367 .005433 185.60 164.05 Midday prices at New York & San Francisco banks, gathered by Bank of America, New York x - Floating y-Official rate. Currency on hand = 200 French francs Currency desired = United States dollars How many United States dollars based on Wednesday quotation? $

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