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Problem 17-4 "Tutor please place results on a excel spreadsheet , Thankyou Exchange Rate If British pounds sell for $1.47 (U.S.) per pound, what...

Problem 17-4 "Tutor please place results on a excel spreadsheet , Thankyou
Exchange Rate

If British pounds sell for $1.47 (U.S.) per pound, what should dollars sell for in pounds per dollar? Round your answer to two decimal places.
__________ pounds per dollar
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Top Answer

Dear Student Please find... View the full answer

Finance -8094738.xls

Exchange Rate
If
then 1 Pound =
$1.47
$1 =
0.68
That is, 1 dollar should sell for 0.68 pound

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