How much sterling will he get back

Assignment Help Financial Management

Reference no: EM133781779

Problem: Functional Skills Level 2 Exchange Rates

A. The exchange rate is 1.3€ for £1. How many Euros would I get for: a) £8? b) £1000? c) £650?

B. How many pounds would I get for: a) 8€? b) 1000€? c) 650€?

C. Ralph is travelling to America. The US Dollar is worth 60p. How many dollars will Ralph get for £2400? When he returns, he has $300 left, but the exchange rate has gone down to 55p. How much Sterling will he get back? How many pounds more would he have got at the old exchange rate?

D. Exchange rates are 90p for a Euro and 70p for a dollar. Which of the following has the highest value? a) 120€ b) £100 c) $150

E. Using the above exchange rates, how many dollars would 1000€ be worth?

Reference no: EM133781779

Questions Cloud

How program evaluation strategies can be used to inform : How program evaluation strategies can be used to inform or structure policy evaluations. Your completed work in this assignment will be incorporated

Worker knocked over large container of clothing dye : During a shift at the Urban Attire factory, a worker knocked over a large container of clothing dye.

Demonstrate in-depth knowledge of the tools and frameworks : SHR019-6 Strategy - Demonstrate in-depth knowledge of the tools and frameworks of strategy to perform a meaningful analysis to generate coherent strategic

Differentiate between corporate training-higher education : Differentiate between corporate training and higher education. How does the assessment process of a course change for these different settings?

How much sterling will he get back : How much Sterling will he get back? How many pounds more would he have got at the old exchange rate? How many dollars would 1000€ be worth?

Higher incidence of errors occurring : In your new leadership position, you have found that there has been a higher incidence of errors occurring on one of your assigned units.

Developed leadership development plan : What two leadership competencies have been most valuable to you in your career since starting this MBA program?

Job description is great strategy : Your evaluation plan for the HR Director job description is a great strategy. I'd like to understand how you plan to gather and incorporate feedback

Waterfall project team is gathering project records : Your Waterfall project team is gathering project records, analyzing whether the project was a success, collecting lessons learned from the team,

User Account

All Pages