Pamela is getting ready to purchase her first condominium. To get ready for the mortgage process, she gathers her Excel spreadsheets that contain all of her financial information. Pamela needs to borrow $30,000 as a down payment for her condominium. This amount will be the .

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?