Assuming that in Paris 1 EUR= 75RUB while 1 RUB= 0.0145 USD. At the same time in NY the foreign exchange 1 USD = O.84 E

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Assuming that in Paris 1 EUR= 75RUB while 1 RUB= 0.0145 USD. At the same time in NY the foreign exchange 1 USD = O.84 E

Post by answerhappygod »

Assuming that in Paris 1 EUR= 75RUB while 1 RUB= 0.0145
USD. At the same time in NY the foreign exchange 1 USD = O.84
EUR. Find the cross-exchange EUR-USD in Paris. Solve and show me
your solution. Choose one of the following: a. 0.92 EUR/USD b. 1.22
EUR/USD c. 1.0875 EUR/USD d. 0.856 USD/EUR
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply