Solved: What are the dollar payments to the respective countries, Finance Basics

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What are the dollar payments to the respective countries

Problem:

Canada-dollar Spot .8437
30-day .8417
90-day .8395

Japan-yen Spot .004684
30-day .004717
90-day .004781

Switzerland-franc Spot .5139
30-day .5169
90-day .5315

(Spot exchange rates) An American business needs to pay (a) 10,000 Canadian dollars, (b) 2 million yen, and (c) 50,000 Swiss francs to businesses abroad. What are the dollar payments to the respective countries?

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Finance Basics: What are the dollar payments to the respective countries

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