Use the information in Figure 21.1 to answer the following questions: Use the in

Question

  

Use the information in Figure 21.1 to answer the following questions: Use the information in Figure 21.1 to answer the following questions: £340 is worth $ 462.70 (Round your answer to 2 decimal places. (e.g., 32.16)) L340 is worth SF Therefore, you would rather have (Round your answer to 4 decimal places. (e.g., 32.1616)) The cross-rate for Swiss francs in terms of British pounds is SF/L The cross-rate for British pounds in terms of Swiss francs is L/SF (Round your answers to 4 decimal places. (e.g., 32.1616))

Explanation / Answer

a.555.70

b.495.96

c. 1 British Pound Sterling equals

1.46 Swiss Franc

1 swiss franc equals 0.69 Pounds

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