Use the information below to answer the questions that follow. U.S. $ EQUIVALENT

Question

Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. S U.K. Pound (E) Canada dollar 1.5913 1.0101 6284 9900 Which would you rather have, $100 or £100? (Click to select) Which would you rather have, $100 Canadian or £100? (Click to select) What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, C$. Round your answer to 4 decimal places, e.g., 32.1616.) Cross-rate C$ What is the cross-rate for British pounds in terms of Canadian dollars? (Do not include the pound sign, £. Round your answer to 4 decimal places, e.g., 32.1616.) Cross-rate /CS

Explanation / Answer

Q- 1 ) 100 pound

Beause, 100 pounds are equivalent to 1.5913 * 100 = $ 159.13 which will be more than having $ 100

Q - 2) 100 Can Dollars

Q - 3 )

Can dollars / pound = 0.9900 / 0.6284 = 1.5754 can $ per Pound  

Enter 1.5754 .............final answer

Q - 4 )

Pounds / Can Dollars = 0.6284 / 0.9900 = 0.6347 pounds per can $

Enter 0.6347 ...............final answer

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