Posted by: Pdfprep
Post Date: April 25, 2021
CORRECT TEXT
A US company has to pay £500,000 for a new machine.
You have the following information on currencies.
EUR 1 = £1.2300
EUR 1 = USD 1.6200
What is the cost of the machine in USD?
Give your answer to the nearest $.
Answer: $658501, $658537