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17 February, 01:19

Currency on hand = 2,000 Swiss francs Currency desired = Dutch guilders (Holland) How many guilders based on Wednesday rate? (Hint: Convert 2,000 Swiss francs to United States dollars. Then convert United States dollars into guilders.)

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  1. 17 February, 03:02
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    4175.40384 Dutch guilders

    Step-by-step explanation:

    The main objective here is to convert the currency at hand (2,000 swiss francs) to Dutch guilders. In order to achieve that; we need first require to convert the currency at hand into United states dollars

    So; if 1 swiss francs = 1.0328 united states dollars (as at Wednesday)

    Then 2000 swiss francs will be = 2000 * 1.0328 united states dollars = 2065.6 united states dollars

    SO; if 1 united states dollars = 2.0214 Dutch guilders (as at Wednesday)

    Then 2065.6 united states dollars will be = 2065.6 * 2.0214

    = 4175.40384 Dutch guilders
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