News1 min ago
how much ??
1 Answers
I have �1444.27 changed into dollars
(�936.20) $1350 travellers chq's @ 1.442 exchange rate
(�508.07) $730 dollars @ 1.4368
�445 worth is my partners - how much does it work out he has with even amount dollars and travellers chqs??
Thanks in advance - I cant for life of me figure it out!
(�936.20) $1350 travellers chq's @ 1.442 exchange rate
(�508.07) $730 dollars @ 1.4368
�445 worth is my partners - how much does it work out he has with even amount dollars and travellers chqs??
Thanks in advance - I cant for life of me figure it out!
Answers
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since you have 2 different exchange rates, the first thing to do is figure your weighted average exchange rate:
You got $2080 for your 1444.27, so each dollar cost on average 1.44017.
Now your partners 445 bought 445*1.44017 = $640.88,
and your 999.27 bought 999.27*1.44107 = $1439.12
this assumes that you're splitting the two batches of (different cost) dollars between yourselves, in proportion to your investment in pounds..
You got $2080 for your 1444.27, so each dollar cost on average 1.44017.
Now your partners 445 bought 445*1.44017 = $640.88,
and your 999.27 bought 999.27*1.44107 = $1439.12
this assumes that you're splitting the two batches of (different cost) dollars between yourselves, in proportion to your investment in pounds..
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