What is the pound per dollar exchange rate

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1. If the exchange rate between the U.S. dollar and the British Pound is $1.66 per Pound, then what is the Pound per dollar exchange rate? (Express your answer as xx.xx.)

2. If the exchange rate between the U.S. dollar and the Euro is $1.72 per Euro and the exchange rate between the U.S. dollar and the Japanese yen is 108.36 Yen per dollar, then what is the Yen per Euro exchange rate?

3. If the exchange rate between the U.S. dollar and the British Pound is $1.52 per Pound and the annual rate of inflation is 2.24 percent in the United States and 3 percent in Great Britain, what will be U.S. dollar per Pound exchange rate in one year? (Express your answer as XX.XX)

Reference no: EM132063384

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