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zer0latency zer0latency
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Fast Manufacturing, Inc. has contracted to sell certain goods to a company in Finland. The price agreed upon for the goods is 500,000 Euro. On the date the contract was signed, the Euro was valued at $1.30. If the value of the Euro fell from $1.30 to $1.25 on the date of payment, compute how much Fast Manufacturing, Inc. lost by contracting in Euro instead of U.S. Dollars.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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hizzy117hizzy117
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A year ago
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Good timing, thanks!
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