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hoa [83]
4 years ago
6

How is the exchange rate determined in a fixed exchange rate system. (Economics)​

Business
1 answer:
Mariana [72]4 years ago
6 0

In a fixed-exchange rate system, one country's exchange rate is determined by <u>comparing</u> it to another country's rate (or to the value of gold). The purpose of this is to explain one currency in terms of another that is more stable in order to make investments and values more rational and predictable.

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1.Travis invests $10,000 today into a retirement account. He expects to earn 8 percent, compounded annually, on his money for th
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Answer:

Q1. Answer is B

Explanation: FV= PV(1+r)n

FV= 10,000(1+0.08)26

FV= 73,963.53

FV= 73,963.53(1+0.05)12

FV=132,827.88

Q2. Answer is D

Explanation: The lenght of time she has to wait to reach her goal is directly related to the interest rate she earns

Q3. Answer is A

Explanation: Interest as the interest rate decreases

Q4. Answer is D

Explanation: A = P(1 + rt)

A= 15,000(1+0.05*12)

A= 15,000(1.6)

A= 24,000

Q5. Answer is C

Explanation: FV= PV(1+r)n

FV= 5000(1+0.06)15

FV=5000(2.396558193)

FV=11,982.79

FV=11,982.79(1+0.1)30

FV=11,982.79(17.44940226888)

FV=209,092.54

Explanation: FV= PV(1+r)n

FV= 5000(1+0.1)15

FV=5000(4.1772481694)

FV=20,886.24

FV=20,886.24(1+0.06)30

FV=20,886.24(5.7434911729)

FV=119,959.94

Q6. Answer is A

Explanation: Interest on interest $2,481.25

Q7. Answer is A

Explanation: FV= PV(1+r)n

25,000=PV(1+0.065)6

25,000=PV(1.4591422165))

PV=25,000/1.4591422165

PV=17,133.35

8 0
3 years ago
What economic activities are not included in GDP?
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4 years ago
To remedy the high crash rates among young drivers ,blank is being implemented in several states
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Due to the high crash rates among young drivers, Driver's education or communication campaigns are being implemented in some states to reduce the rate or to solve the critical issue. Special courses for young drivers<span> to make them conscious about their personal tendencies that may affect their behavior towards driving can be helpful.</span> 

<span> </span>

6 0
3 years ago
Suppose two coffee snobs who must have their coffee and cream in exact proportions (each cup is 10 coffee per 1 unit cream) are
kondaur [170]

Answer:i think it is b tbh

Explanation:

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Which three report charts show how many Leads are in the Marketing pipeline based on Lead Status and what percent each Lead Stat
fiasKO [112]

Answer: donut chart, funnel chart, pie chart

Explanation:

The options to the question are:

Choose 3 answers

A. donut chart

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