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ScanSolve AI Answer
Here are the solutions to your questions: 1. Currency Exchange a) Calculate the amount of money in Kenyan shillings the school received. The school received 6 000 sterling pounds. To convert this to Kenyan shillings, we use the bank's buying rate for sterling pounds, as the bank is buying pounds from the school. 1 sterling pound = 134.46 Kenyan shillings Amount in Ksh = 6000 pounds × 134.46 Ksh/pound Amount in Ksh = 806760 Ksh The school received Ksh 806 760. *b) If the school management