A Kenyan company received US Dollars 100,000. The money were converted into Kenya shillings in a bank which buys and sells foreign currencies as follows.

A Kenyan company received US Dollars 100,000. The money were converted into Kenya shillings in a bank which buys and sells foreign currencies as follows.

(a) Calculate the amount of money, in Kenya shillings, the company received.

(b) The company exchanged the Kenya shillings calculated in (a) above, into
sterling pounds to buy a car from Britain. Calculate the cost of the car to the
nearest sterling pond.

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maurice.mutuku answered the question on August 28, 2019 at 05:50

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