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Fofino [41]
2 years ago
7

Suppose the exchange rate is 10 pesos per dollar and you use $1000 to purchase a one-year mexican bond that pays 10% interest. N

ext year, the exchange rate is 11 pesos per dollar. Assuming you convert your funds back to u. S. Dollars, how much money will you have in one year?.
Business
1 answer:
Iteru [2.4K]2 years ago
6 0

The amount of money I would have in US dollars would be $1,000

<h3>How much would I have in US dollars?</h3>

The first step is to convert dollars to pesos:

$1000 x 10 = 10,000 pesos

The second step is to determine the value of the investment in a year's time: (1.10) x 10,000 = 11,000 pesos

Now, convert pesos to dollars : 11,000 / 11 = $1,000

To learn more about exchange rate, please check : brainly.com/question/25780725

#SPJ1

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In the Control Process, it is important to use the proper comparison method when comparing task results with its objectives and
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Answer: Personal comparison

Explanation:

When it comes to the Control Process, entities are allowed to use several comparison methods when comparing task results with objectives.

These include:

  • the Historical method where current performance is compared to past performance
  • the Relative comparison method where the organization's performance is compared against a benchmark of other organizations in the industry.
  • Engineering comparison where schedules are used to ensure that activities finish on time.

Personal comparison is not an acceptable method.

4 0
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a non-profit organization has obtained a temporary daily on-sale license for a fundraiser. who within the organization has to be
inysia [295]

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4 0
1 year ago
Of these three Airlines which one is best American Airlines, United Airlines, or Delta Airlines? Please do not just answer this
Norma-Jean [14]
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7 0
3 years ago
Read 2 more answers
Being intellectually alert helps leaders exert influence through logical persuasion. Formal ______ helps a person develop logica
Vera_Pavlovna [14]

Answer:

a. Education

b. Experience

c. Mentoring

Explanation:

a. Formal education is defines as a method of formal and organized learning. This is the education provided to the students by qualified teachers at a certain level. To ensure standardization of formal learning for all institutions of learning for example schools, colleges, universities, etc.

So, Formal education helps a person to develop logical skills.

b. Experience is awareness or ability that you have acquired in a specific job or activity because you have already done the job or activity.

According to the given situation, experience helps a person develop skills and knowledge he or she would not have otherwise.

c. A mentor helps a person learn the skills to achieve his or her destination. or we can say that the "mentor" is an experienced person who shares information, expertise, and guidance with a less experienced person.

So, according to the given situation Manager is coached to Shawn to develop skills so that manager can boost Shawn career. Shawn's Manager is engaged in Mentoring.

6 0
3 years ago
Which of the following focuses on the ability of a company to earn profits? Select one: a. The inventory turnover b. The quick r
Ahat [919]

Answer:

c. The return on total assets

Explanation:

The inventory turnover deals with the turnover of inventory during the period i.e in how many times the inventory is sold or rejected or replaced, etc

The quick ratio checks the liquidity position of the company

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So for earning profits, the return on total assets is a better option

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3 years ago
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