ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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- The following report is the amount of various currencies on December 31, 2015 owned by Jordan Exchange Company, as shown below Student Name Student ID EXI D Jordan Exchange Company Currencies Report at December 31, 2015 Currency Existing Quantity Purchasing Price Market Price Value of Existing Currency In JD at: Purchase Price Market Price Lower Price US Dollar 50000 0.709 0.708 222 999 British Pound 20000 0.99 1.01 999 227 Australian Dollar 15000 0.515 0.52 ??? 222 292 Euro 5000 0.769 0.768 Required: 1. Create a new work sheet (Currencies), and enter previous data in it. 2. Insert necessary equations in the related cells to calculate the value of existing currencies in JOD at purchase price and market prices. 3. Use (IF) function to calculate the value of existing currencies in JOD at lower of purchase or market price.arrow_forward5arrow_forwardIf the value of imports are 630 and the value of balance of trade are 5200 find the value of exports?arrow_forward
- Assume in 2010, 1 Swiss franc cost.55 British pounds and in 2012 it cost .52 British pounds. How much would 1 British pound purchase in Swiss francs in 2010 and 2012? O 2010: 1.81 francs, 2012: 1.92 francs 2010: 1.78 francs, 2012: 1.96 francs O 2010: 1.71 francs, 2012: 2.00 francs O 2010: 1.73 francs, 2012: 1.97 francsarrow_forward6. Most foreign exchange transactions are through the U.S. dollar. If the transaction is expressed as the foreign currency per dollar this is known as _____________ whereas ___________ are expressed as dollars per foreign unit. a. European terms; indirect b. American terms; direct c. American terms; European terms d. European terms; American termsarrow_forwardLoan servicing includes a number of responsibilities such as collecting monthly mortgage payments from the borrower, remitting principal and interest payments to investors, ensuring sufficient escrow payments are being made by the borrower, and managing default if it should arise. In exchange for these services, mortgage bankers receive a fee. If the outstanding loan balance is $250,000 and the annual servicing fee is 0.35%, what is the monthly fee for servicing the loan? Please explain your calculation A) $72.92 B) $729.17 C) $875.00 D) $8,750.00arrow_forward
- Otondo , a currency trader in East African Community, has ksh 400,000. He wishes to assess his triangular arbitrage by moving to Uganda, and Tanzania. The exchange rate quotes from the currency convertor was: 32TZ/1 KES 20UGH/IKES Agreed exchange rate between Uganda shillings and Tanzania shilling was 1.5 UGH /1TZ Compute the results. Explain your resultsarrow_forwardSuppose the receipts of domestic currency is o 80 billion whereas payment are 360 billion what will be the balance of payment deficitarrow_forwardAnalyze the impact of appreciation and depreciation of US Dollar upon net exports of USA?arrow_forward
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