Mr. Jesse Pinkman (A Colombian Businessman) wants to do business in Peru and interested to know the exchange rate between Colombian Peso and Peruvian Sol. However, the exchange rate between these two currencies is not available in the market but exchange rates between some other currencies are available. Last year, A Brazilian Real (BRL) was worth 720 Colombian Peso (COP). A Peruvian Sol (PEN) was exchanged for 1.45 Brazilian Real (BRL). Today, BRL has appreciated by 5% against PEN and COP appreciated by 3% against BRL. If Jesse wants to know how much Colombian Peso he is going to get today if he earns 80000 Peruvian Sol by exporting his products in Peru assuming he will convert all his earning into his home currency, what will you tell him? (Show all necessary steps and calculations) Mr. Jesse Pinkman (A Colombian Businessman) wants to do business in Peru and interested to know the exchange rate between Colombian Peso and Peruvian Sol. However, the exchange rate between these two currencies is not available in the market but exchange rates between some other currencies are available. Last year, A Brazilian Real (BRL) was worth 720 Colombian Peso (COP). A Peruvian Sol (PEN) was exchanged for 1.45 Brazilian Real (BRL). Today, BRL has appreciated by 5% against PEN and COP appreciated by 3% against BRL. If Jesse wants to know how much Colombian Peso he is going to get today if he earns 80000 Peruvian Sol by exporting his products in Peru assuming he will convert all his earning into his home currency, what will you tell him? (Show all necessary steps and calculations)
Mr. Jesse Pinkman (A Colombian Businessman) wants to do business in Peru and interested to know the exchange rate between Colombian Peso and Peruvian Sol. However, the exchange rate between these two currencies is not available in the market but exchange rates between some other currencies are available. Last year, A Brazilian Real (BRL) was worth 720 Colombian Peso (COP). A Peruvian Sol (PEN) was exchanged for 1.45 Brazilian Real (BRL). Today, BRL has appreciated by 5% against PEN and COP appreciated by 3% against BRL. If Jesse wants to know how much Colombian Peso he is going to get today if he earns 80000 Peruvian Sol by exporting his products in Peru assuming he will convert all his earning into his home currency, what will you tell him? (Show all necessary steps and calculations)
Mr. Jesse Pinkman (A Colombian Businessman) wants to do business in Peru and interested to know the exchange rate between Colombian Peso and Peruvian Sol. However, the exchange rate between these two currencies is not available in the market but exchange rates between some other currencies are available. Last year, A Brazilian Real (BRL) was worth 720 Colombian Peso (COP). A Peruvian Sol (PEN) was exchanged for 1.45 Brazilian Real (BRL). Today, BRL has appreciated by 5% against PEN and COP appreciated by 3% against BRL. If Jesse wants to know how much Colombian Peso he is going to get today if he earns 80000 Peruvian Sol by exporting his products in Peru assuming he will convert all his earning into his home currency, what will you tell him? (Show all necessary steps and calculations)
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