rates remained the same over your trip , how much do you have left in U . S . dollars ?
P18-4
Currency exchange rates . On the day you arrive in England , the exchange rate for U . S . dollars and British pounds is $ 1 : pound 0.53 You have $ 3900 , which you convert to pounds . While you remain in England for the next two weeks , the exchange rate falls to $ 1 :£ 0.490 As you leave England , you convert the £ 126 you have left to dollars . How much did you spend in England in U . S . dollars ? Did the movement in the exchange rate help or hurt you ?
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