Use the information below to answer the following questions. U.S. $ EQUIVALENT C
ID: 2721384 • Letter: U
Question
Use the information below to answer the following questions.
U.S. $ EQUIVALENT CURRENCY PER U.S. $ Polish Zloty .2994 3.3396
Euro 1.2472 .8018
Mexican Peso .0752 13.2999
Swiss Franc 1.0363 .9650
Chilean Peso .002071 482.80
New Zealand Dollar .8080 1.2377
Singapore Dollar .8003 1.2495
If you have $230, how many Polish zlotys can you get? (Do not include the Polish zlotys sign, Z. Round your answer to 2 decimal places, e.g., 32.16.)
Amount Z How much is one euro worth in U.S. dollars? (Round your answer to 4 decimal places, e.g., 32.1616.) Worth of one euro $
If you have 4.00 million euros, how many dollars do you have? (Enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to the nearest whole dollar amount, e.g., 1,234,567.)
Which is worth more, a New Zealand dollar or a Singapore dollar?
Which is worth more, a Mexican peso or a Chilean peso?
How many Swiss francs can you get for a euro? (Round your answer to 4 decimal places, e.g., 32.1616.)
Amount SF/€
What do you call this rate?
Explanation / Answer
Polish zlotys can you get=$230*(3.3396 Polish zlotys/$)=768.11
one euro worth in U.S. dollars=1.2472
you have 4.00 million euros, dollars you have=(4,000,000 euros)*(1.2472 $/euro)=$ 4988800
a New Zealand dollar=0.8080 US$ and a Singapore dollar=.8003 US $ therefore New Zealand dollar is worth more.(0.8080 US$>.8003 US $)
a Mexican peso= .0752 US$ and a Chilean peso=.002071 US$ therefore Mexican peso is worth more.(.0752 US$>.002071 US$ )
From a euro you can get 1.2472 US$
From 1 US$ you can get .9650 SF therefore from 1.2472 US$/1 euro you can get 1.2472 * 0.9650 SF
Thus, Swiss francs can you get for a euro=1.2472 * 0.9650 SF=1.2035 SF
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