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Business, 05.07.2019 05:30 isabel2417

A4.2: calculating exchange rates assignment use the information in table 1 to answer questions 1-3. table 1: how much does $1 (i. e., sometimes abbreviated usd) buy in each of these currencies for the month of january and the month of march?   name of country exchange rate january exchange rate march thai baht 32.11 32.04 japanese yen 103.21 116.25 mexican peso 12.88 16.75 canadian dollar 1.05 .97   1. if you knew the price of an item such as a hamburger combo meal in thai baht, how would you determine how many dollars you would need to buy it? provide a possible equation below:             2. use the equation you developed in question 1, to complete table 2 below.   price of a combo meal january dollar price march dollar price 1. a hamburger combo meal in mexico=67.00 mexican pesos 2. a hamburger combo meal in thailand = 165.97 thai bhat 3. a hamburger combo meal in japan= 535.53 japanese yen 4. a hamburger combo meal in canada=5.50 canadian dollars © council for economic education       4. analyzing the exchange rates above, how would it be determined if the value of the u. s. dollar has appreciated or depreciated?               5. using the calculations from table 2, did the value of the dollar appreciate or depreciate between january and march? place a check mark in the corresponding column.       appreciate depreciate mexican peso thai bhat japanese yen canadian dollar  

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