Posted by **Ange** on Monday, January 22, 2007 at 8:14am.

Okay might be a studpid question, but I am asking anyway:

the question goes like:

A US dollar costs 7.5 Norweigian kr, but at the same dollar can be purchased for 1.25 Swiss francs. What is the Norweigian Kr/Swiss franc exchange?

My answer would be:

Først to calculate what 1 Norweigian kr is in dollare so-->(1kr*$1)/7.5kr=$0.13333

And then do the same for Swiss francs--> (1Swiss francs*$1)/ 1.25= $0.8

and then the Norweigian kr/Swiss franc rate is: (0.8$/swiss franc)/(0.1333$/kr)=6 Norweigian kr/Swiss franc???

Don't give me the answer just tell me if I am totally lost and help me a bit!!

I have one more question:

Okay here:

In Munich a bratwurst costs 5 euros: a hot dog costs $4 at Bosten's Fenway park: at en exchange rate of $1.50/per euro, what is the price of a brustwurst in terms of hot dogs?

My answer:

First --> How many dollards does it cost to buy a Brustwurst?

(1.50$/Euro)* 5 euro= $7.5

so ($7.5 per brustwurst)/($ per hot dog)= 1, 875 hot dog pr brustwurst?

righ or?

Id say you are right in both questions

- economics -
**Anonymous**, Sunday, April 15, 2012 at 8:20pm
it is right!

## Answer This Question

## Related Questions

- math - scott bought a watch for 48 U.S. dollars. What is the cost of the watch ...
- Math - I have 37 different dollar amounts. I also have an additional 2 dollar ...
- Econ - The 1-year interest rate on Swiss francs is 5 percent and the dollar ...
- money - What are the two characteristics that dollars must have to be accepted ...
- economics - The US Dollar is en route for depreciation, analyze how the US ...
- Math - Where do I start for this question. What is the most amount of money--all...
- economics - If a country sells a currency dollar would the exchange rate price ...
- Economics - Hi, please help me with this econs question! thanks! I'm asked to ...
- please help with economics! - Hi, please help me with this econs question! ...
- algebra 1 - the cost in dollars of printing dollar bills when it costs 3.8cents ...

More Related Questions