Suppose the Direct Foreign Exchange Rates in U

question 40

Multiple Choice

Suppose the direct foreign exchange rates in U.S.dollars are:
1 Singapore dollar = $0.7025
1 Cyprus pound = $2.5132
-Based on the information given above,how many U.S.dollars must be paid for a purchase of citrus fruits costing 10,000 Cyprus pounds?

• A)$25,132
• B)$15,132
• C)$3,979
• D)$35,775

---

Definitions:

News Content

The substance or material of news, including facts, information, and narratives provided by media outlets to inform the public on current events.

Profitable Approach

A profitable approach refers to strategies or methods implemented in business or projects that result in financial gain or profitability.

Newspaper Journalists

Professionals who research, write, and report news stories for newspapers.

Decreased

Decreased means to lessen in size, amount, severity, or intensity.