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The following is a table of Forex cross-rates from a few years ago:

	US $	Yen	Euro	CND $	UK pound
1 USD =	1	114.71	0.69	0.93	0.48
1 Yen =	0.008718	1	0.003012	0.008146	0.004171
1 Euro =	1.4500	166.3293	1	1.3549	0.6938
1 CND $ =	1.0702	122.7633	0.7381	1	0.5121
1 UK pound =	2.0899	239.7378	1.4413	1.9528	1

6. A resident of the U.S. is visiting London, England. She goes to dinner in a restaurant in London. The total tab for the dinner, including the tip, comes to 35.70 British Pounds. She pays for the dinner using her Visa credit card. If the bank that processes her Visa credit card uses the exchange rates listed here to convert the charge from Pounds to US dollars, how much will the charge be when it shows up on her Visa bill when she gets home?

8. Dexter, a genius professor at the University of Oxford in England is planning a visit to Disney World in Florida next year. He figures that he will spend $ 500 USD per day for 3 days while he visits Disney World. Using the exchange rates given in Exhibit 12, how much money does Dexter have to save in his own currency of pounds to be able to afford the trip? (consider only the daily expenses stated here)

9. Continuing from the previous question. Dexter, is still planning the same trip and is still planning to spend the same amount of money in US dollars while at Disney World. However, he checks the latest exchange rates online and discovers that the US dollar has dropped by 10% against the pound. In other words the US dollar is now weaker by 10%. What is the new exchange rate in terms of how many pounds can be purchased with one US dollar? (round off your answer to 2 decimal places)

10. Continuing from the previous question. Dexter is still planning the same trip and planning to spend the same amount of US dollars per day. The exchange rate has changed as you calculated in the previous question. How many pounds does Dexter now need to be able to afford this trip (be sure to use only two decimal places of the exchange rate you calculated)?

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