laurelgar
laurelgar laurelgar
  • 17-11-2022
  • Mathematics
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Part A: On one day, the exchange rate model might be B = 0.60A with the parameter k = 0.60.
Under these conditions, an American tourist exchanging US$ 11 would receive £
Round to the nearest hundredth, if necessary.

Part B: Under those same conditions, an English tourist exchanging £ 11 would receive US$
Round to the nearest hundredth, if necessary.

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