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  • 5 years ago

The following table shows the exchange rates for five world currencies against the UK pound. An investor will change some pounds into one of these currencies in May and exchange the full amount back into pounds in October. Currency May June July August September October US dollar 2.1 2 1.8 1.7 1.5 1.6 SINGAPORE dollar 1.4 1.2 1.3 1.25 1.4 1.35 BRUNEI dollar 2.4 2.5 2.6 2.6 2.7 2.8 AUSTRALIAN dollar 2 2.1 2 1.95 1.9 1.7 ARGENTINE peso 6.3 6.2 5.9 4.5 5 5.2 For example, 1 UK pound buys 2 AUSTRALIAN dollars in May. Which currency will make the investor the most money in UK pounds over t

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  1. anonymous
    • 5 years ago
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    Which currency will make the investor the most money in UK pounds over the six months? A ARGENTINE peso B AUSTRALIAN dollar C BRUNEI dollar D SINGAPORE dollar E US dollar

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