![SOLVED: Sun Bank USA has purchased a 16 million one-year Australian dollar loan that pays 15 percent interest annually. The spot rate of U.S. dollars for Australian dollars (AUD/USD) is 0.625/A1. It SOLVED: Sun Bank USA has purchased a 16 million one-year Australian dollar loan that pays 15 percent interest annually. The spot rate of U.S. dollars for Australian dollars (AUD/USD) is 0.625/A1. It](https://cdn.numerade.com/ask_images/a4e1bc19d89f4dc3ad7c984895d64e38.jpg)
SOLVED: Sun Bank USA has purchased a 16 million one-year Australian dollar loan that pays 15 percent interest annually. The spot rate of U.S. dollars for Australian dollars (AUD/USD) is 0.625/A1. It
![Australian dollar (AUD)/US (USD) dollar foreign exchange (FX) rate over... | Download Scientific Diagram Australian dollar (AUD)/US (USD) dollar foreign exchange (FX) rate over... | Download Scientific Diagram](https://www.researchgate.net/publication/275798774/figure/fig1/AS:669027420610572@1536519975517/Australian-dollar-AUD-US-USD-dollar-foreign-exchange-FX-rate-over-time-This-figure.png)
Australian dollar (AUD)/US (USD) dollar foreign exchange (FX) rate over... | Download Scientific Diagram
![While there are several downside pressures on the Australian dollar, the currency's long-term fundamentals remain strong While there are several downside pressures on the Australian dollar, the currency's long-term fundamentals remain strong](https://img.capital.com/imgs/articles/750xx/[infographics]%20AUD-USD%20forecast-3.png)