Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
17th Edition
ISBN: 9780134870069
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Chapter 8, Problem 61FE
To determine

Calculate the Euro cost.

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A UK-manufactured car sells for GBP 14.000. A french-manufactured car sells for EUR 15.750.  If the EUR/GBP exchange rate is 1.09, how much does the british-made car cost in EUR? a. 12,923 b. 13,462 c. 18,427 d. 15,260
A UK-manufactured car sells for GBP 14.000. A french-manufactured car sells for EUR 15.750.  If the EUR/GBP exchange rate changes from 1.17 to 1.09, what is the percentage change in the price of the french car in GBP? a. -6.8% b. -7.3% c. 6.8% d. 7.3%
A UK-manufactured car sells for GBP 14.000. A french-manufactured car sells for EUR 15.750.  If the EUR/GBP exchange rate is 1.09, how much does the french-made car cost in GBP? a. 17,162 b. 14,450 c. 13,462 d. 18,427
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