Question

Currency on hand = 2,000 Swiss francs Currency desired = Dutch guilders (Holland) How many guilders based on Wednesday rate? (Hint: Convert 2,000 Swiss francs to United States dollars. Then convert United States dollars into guilders.)

Answer 1

closest would be 3,500

Explanation:

Answer 2

4175.40384 Dutch guilders

Explanation:

The main objective here is to convert the currency at hand (2,000 swiss francs) to Dutch guilders. In order to achieve that ; we need first require to convert the currency at hand into United states dollars

So ; if 1 swiss francs = 1.0328 united states dollars (as at Wednesday)

Then 2000 swiss francs will be = 2000 × 1.0328 united states dollars = 2065.6 united states dollars

SO; if 1 united states dollars = 2.0214 Dutch guilders ( as at Wednesday)

Then 2065.6 united states dollars will be = 2065.6 × 2.0214

= 4175.40384 Dutch guilders