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How many US dollars will you need for your purchase

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Reference no: EM132907750

Problem - Today you notice the following exchange rate quotations: (a) $1¼3.00 Argentine pesos and (b) 1 Argentine peso¼.50 Canadian dollars. You need to purchase 100,000 Canadian dollars with U.S. dollars. How many U.S. dollars will you need for your purchase?

Reference no: EM132907750

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