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May 23rd, 2013, 06:35 AM   #1
Joined: Jun 2012
From: Maldives

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A question about foreign exchange..

Here is my question:

A CD costs 9.50 in Britain and $9.70 in the United States. How much cheaper, in British money, is the CD when bought in the USA?

Thank You.
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May 23rd, 2013, 11:38 AM   #2
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Re: A question about foreign exchange..

You need to know the exchange rate.
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