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Exchange Rates and Currency Exchange

Paths To Success

Exercise 7.3.1 : Give It Some Thought

In each of the following situations and using the cross-rate table, determine on a strictly numerical basis whether you would have more or fewer units of the target currency than of the original currency. You want to convert:

  1. \(C$\) into \(US$\)
  2. \(AU$\) into \(MXN$\)
  3. \(MXN$\) into \(¥\)
  4. \(C$\) into \(€\)