Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 10 Oct 2017 My Price 3.00

U.S. dollar price

Suppose the U.S. dollar price of a British pound is $1.50; the dollar price of a euro is $.90; a hotel room in London, England, costs 120 British pounds; and a comparable hotel room in Hanover, Germany, costs 220 euros.

a. Which hotel room is cheaper to a U.S. tourist?

b. What is the exchange rate between the euro and the British pound?

Answers

Maurice Tutor
(5)
Status NEW Posted 10 Oct 2017 06:10 PM My Price 3.00

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