Penalties for late lodgement

On 20 January 1971, what was the exchange rate between Australian dollar and the U.K. pound, EAU$/£? (round to 3 decimal places) [2 marks] The 6-month interest rate in Australia was 2.50% on 20 January 1971. If everybody knew the actual exchange rate of EAU$/£ on 20 July 1971 as of 20 January 1971, what […]

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