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The question in the image asks to determine which bank will give the best return if Mark exchanges £500 for each of four different currencies: Bulgarian Lev, Euro, Swiss Franc, and Turkish Lira. The exchange rates from five banks are provided, and the goal is to maximize the amount of each currency Mark will receive in total.

The approach is as follows:

1. For each bank, compute how much currency Mark will get for £500 for each of the four currencies.
2. Sum the total amount of all four currencies for each bank.
3. Identify which bank gives the highest total return.

I'll now calculate this for you.The bank that will give Mark the best return when exchanging £500 on each currency is **Bank E** with a total amount of 5415.8 units of the combined currencies.

Do you want more details on the calculations or have any other questions?

Here are 5 related questions you could explore:
1. How does the exchange rate fluctuation affect currency conversion over time?
2. What is the significance of commission fees in currency exchange?
3. How would a change in exchange rates impact Mark's total return?
4. What strategies can Mark use to manage currency risks while traveling?
5. How can you compare exchange rates between physical banks and online services?

**Tip:** Always check if a currency exchange provider charges hidden fees or commissions, even if they claim to offer competitive rates.

Mark will be travelling through several countries in Europe and will need to obtain several foreign currencies: Euro, Swiss Franc, Turkish Lira, and Bulgarian Lev. He has a budget of £2000 and is looking to get the best deal on buying the currencies. The table provides the exchange rates from five banks (A, B, C, D, E). Mark only has time to visit one bank. If he wishes to exchange £500 on each currency, which bank will give him the best return?

Find out which bank provides the best return for currency exchanges with £500 across four different currencies. Explore how to calculate exchange rates and maximize your returns from five different bank offers. Suitable for students and travelers looking to optimize currency conversions.

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