Mathematics, 16.02.2020 17:25 Tokkey12
Total cash value. An international company holds cash in five currencies: USD (US dollar), RMB (Chinese yuan), EUR (euro), GBP (British pound), and JPY (Japanese yen), in amounts given by the 5-vector c. For example, c2 gives the number of RMB held. Negative entries in c represent liabilities or amounts owed. Express the total (net) value of the cash in USD, using vector notation. Be sure to give the size and define the entries of any vectors that you introduce in your solution. Your solution can refer to currency exchange rates.
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Total cash value. An international company holds cash in five currencies: USD (US dollar), RMB (Chin...
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