problem solving

Suppose that two current exchange rates are US $1= 117.9 Japanese yen and 1 Cuban Peso= $.0476. What is the value of 1 peso in Japanese yen?

  1. 👍 0
  2. 👎 0
  3. 👁 284
  1. 117.9 y/1 $ * .0476 $/1 P = 5.61204 y/P

    1. 👍 0
    2. 👎 0
  2. Thanks, got it!

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. History

    Of the following statements, which one MOST accurately represents the major difference between the Japanese and European feudal systems? A. In Europe, feudal lords protected peasants in exchange for part of their crops. In Japan,

  2. HELP History

    What was the result of the Soviet Union placing nuclear weapons in Cuba? Cuban Revolution Cuban Missile Crisis Guantanamo Bay Invasion Bay of Pigs Invasion

  3. informatic

    How toCreate a flowchart for this situation,convert a currency from Peso to dollar & dollar to peso.

  4. History

    How did Japan attempt to solve its economic troubles during the Great Depression? The Japanese government began to invest in less capital-intensive industries to reduce overhead and promote international trade. The collapse of the

  1. History

    What was the result of the Soviet Union placing nuclear weapons in Cuba? A. Bay of Pigs Invasion B. Cuban Revolution C. Guantanamo Bay Invasion D. Cuban Missile Crisis Is it D?

  2. Economcis

    I need some help on the following question, thanks. e = euros Suppose quotes for the dollar-euro exchange rate, E$/e, are as follows: in New York $1.50 per euro, and in Tokyo $1.55 per euro. Describe how investors use arbitrage to

  3. FINANCE

    8. Suppose that the current one-year rate (one-year spot rate) and expected one-year T-bill rates over the following three years (i.e., years 2, 3, and 4, respectively) are as follows: 1R1 = 5 percent, E(2r1) = 6 percent, E(3r1) =

  4. math

    Suppose you are exchanging currency in the London airport. The currency exchange service there only makes transactions in which one of the two currencies is British pounds, but you want to exchange dollars for Euros. Thus you

  1. History

    1: Assume the Chilean peso is decreasing in exchange value compared to the U.S. dollar. Who will benefit most in this situation? A Chilean company that imports oil from Venezuela A Chilean family visiting relatives in the United

  2. Math

    A Kenyan businessman bought goods from Japan worth 2, 950 000 Japanese yen. On arrival in Kenya custom duty of 20% was charged on the value of the goods. If the exchange rates were as follows: 1 US dollar = 118 Japanese Yen 1 US

  3. Econ

    Assume that American rise sells for $100 per bushel, Japanese rice sells for 16,000 yen per bushel, and the nominal exchange rate is 80 yen per dollar. A.Explain how you could make a profit from this situation. What would be your

  4. Spanish

    ¿Cómo son las monedas de pesos mexicanos?We had to do a reading and type the answers-not sure about this question Hay monedas de un peso, cinco pesos, diez pesos y de centavos. ¿En cuáles países se usa el dólar

You can view more similar questions or ask a new question.