Math Problem Statement

$1.5484

$1.6108

$1.5335

$1.5498

Solution

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Math Problem Analysis

Mathematical Concepts

Exchange Rates
Currency Conversion
Interest Rates
Loan Repayment

Formulas

Exchange rate formula: Effective Exchange Rate = Total Repayment Amount in Francs / Converted Amount in USD

Theorems

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Suitable Grade Level

College Level - Finance