According to the United KingdomOs Guardian newspaper, people who live in India can buy a car called the Tata Nano for 2,057 British Pounds (GBP). Given that 1 British Pound (GBP) = 83.11 Indian Rupees (IR) and 1 U.S. Dollar (USD ) 71.44 Indian Rupees (IR), how much would it cost to buy a Tata Nano in U.S. dollars? Use dimensional analysis to answer thequestion. Round your answer to the nearest dollar.
According to the United KingdomOs Guardian newspaper, people who live in India can buy a car called the Tata Nano for 2,057 British Pounds (GBP). Given that 1 British Pound (GBP) = 83.11 Indian Rupees (IR) and 1 U.S. Dollar (USD ) 71.44 Indian Rupees (IR), how much would it cost to buy a Tata Nano in U.S. dollars? Use dimensional analysis to answer thequestion. Round your answer to the nearest dollar.
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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am. 129.
Transcribed Image Text:According to the United KingdomOs Guardian newspaper, people who live in India can buy a car called the Tata Nano
for 2,057 British Pounds (GBP). Given that 1 British Pound (GBP) = 83.11 Indian Rupees (IR) and 1 U.S. Dollar (USD
) 71.44 Indian Rupees (IR), how much would it cost to buy a Tata Nano in U.S. dollars? Use dimensional analysis to
answer thequestion. Round your answer to the nearest dollar.
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