Answer:
its g
Step-by-step explanation:
Answer: 0
Step-by-step explanation:
Answer:
$7200 in the fund rose 6% n $2800 in the fund rose 9%
Step-by-step explanation:
let x be the amount in the fund rose 6%
gain in one year=x*6%=0.06x
total amount is 10000
so amount in the fund rose 9% = 10000-x
gain in one year=(10000-x)*9%=900-0.09x
total gain=0.06x+900-0.09x=900-0.03x
=684
900-684=0.03x
0.03x=216
x=7200
the other fund amount=10000-7200=2800
Answer:
The amount of Kroner that can be bought from 1/5 of one dollar.
Step-by-step explanation:
We have been given that goods that cost 1/5 of one dollar in the U.S. cost one kroner in Denmark. We are asked to find the the real exchange rate that would be computed as how many Danish goods per U.S. goods.
The real exchange rate tells us how much foreign currency can be exchanged for a unit of domestic currency.
It also tells us that how much the goods and services in the domestic country can be exchanged for the goods and services in a foreign country.
Therefore, the real exchange rate would be the amount of Kroner that can be bought from 1/5 of one dollar.