Problem
Anne Dietz lives in Singapore, and is making her first business trip to Cape Town, South Africa. Standing in Singapore's new terminal #3 at Changi Airport, she looks at the foreign exchange quotes posted over the foreign exchange trader's booth. She wished to exchange 1000 Singapore dollars (SGD) for South African rands (ZAR). What she sees are the following quotes:
SGD 1.3655/USD
USD 0.0595/ZAR
a) What is the price of the U.S dollar in terms of South African rands?
b) How many South African rands will Anne get for her Singapore dollars?