(Answered) Liz phil returned from his tour of duty and received a

Management Studies

Liz Phil returned from his tour of duty and received a statement from his credit card company as shown.

A company in spain €302 £250.00

A company in Portugal €240 £194.40

A company in Italy at €1.22= £1) £310.00

Calculate:

(a) the rate of exchange in euros per £1 when he was in Spain

(b) the rate of exchange in pounds per €1 when he was in Portugal

(d) the statement total in pounds.

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