A health research foundation has asked her travel to London to give an important speech at a conference.

The head of your department is a prominent researcher. A health research foundation has asked her travel to London to give an important speech at a conference. She will then travel to Paris to tour a research facility before returning home. Although her travel expenses are being funded by the foundation, she will still need to take along some personal money. Consequently she asks you to figure the exchange rates for $500 and for $1,000 in both pounds and euros. She explains that she is trying to judge the spending power of U.S. dollars when converted to the other currencies so she can decide how much personal money to take on the trip.

Required

Locate the current exchange rates for pounds and euros and compute the currency conversion for $500 and for $1,000. Required: the source of the exchange rate & the date you used to locate the current exchange rate

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