You have graduated form college and are working for a prestigious real estate investment firm. Your boss is considering in investing in luxury condos in Paris France or Tokyo Japan. He has found five such condos in each city listed below (these are real prices and units by the way). He would like you to calculate the list cost of purchase in USD and area of the condo in square feet. He would also like the cost per square foot in USD (common comparison value in real estate) Complete these calculations for him. You will have to look up the euro to USD and Yen to USD conversion rates and report these in the problem. Paris TOKYO Cost (euro) Square meters Cost (yen) Square meters 1,383,000 130 1,000,000,000 550 1,187,265 78 460,000,000 875 1,197,800 62 194,800,000 152 2,943,100 133 245,000,000 122.5 11,407,700 216 199,800,000 89
You have graduated form college and are working for a prestigious real estate investment firm. Your boss is considering in investing in luxury condos in Paris France or Tokyo Japan. He has found five such condos in each city listed below (these are real prices and units by the way). He would like you to calculate the list cost of purchase in USD and area of the condo in square feet. He would also like the cost per square foot in USD (common comparison value in real estate) Complete these calculations for him. You will have to look up the euro to USD and Yen to USD conversion rates and report these in the problem.
|
Paris |
TOKYO |
||
|
Cost (euro) |
Square meters |
Cost (yen) |
Square meters |
|
1,383,000 |
130 |
1,000,000,000 |
550 |
|
1,187,265 |
78 |
460,000,000 |
875 |
|
1,197,800 |
62 |
194,800,000 |
152 |
|
2,943,100 |
133 |
245,000,000 |
122.5 |
|
11,407,700 |
216 |
199,800,000 |
89 |
The conversion rates used in the problem are
1 Euro =1.1683 USD
1 Yen = 0.0090 USD
based on this conversion rates the problem is solved
1 square meter=10.76391 square foot
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