Good day, How should I resolve this question, please? Your friend from Australia purchased a computer for C$3,900 while visiting you for the holidays, when the exchange rate was C$1 = A$1.0227. If the exchange rate changed to C$1 = A$1.0426, what was the change in value of the computer in Australian dollars?
Good day, How should I resolve this question, please? Your friend from Australia purchased a computer for C$3,900 while visiting you for the holidays, when the exchange rate was C$1 = A$1.0227. If the exchange rate changed to C$1 = A$1.0426, what was the change in value of the computer in Australian dollars?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Good day,
How should I resolve this question, please?
Your friend from Australia purchased a computer for C$3,900 while visiting you for the holidays, when the exchange rate was C$1 = A$1.0227. If the exchange rate changed to C$1 = A$1.0426, what was the change in value of the computer in Australian dollars?
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