Answer:
e. the 3 month projections for the peso and dong will be larger
Explanation:
this question is about a company that imports coffee from Colombia and Vietnam (along with 3 other countries). The report stated an estimation of the future value of the Colombian peso and Vietnamese dong. But that report is outdated and irrelevant now. Since the central banks of Colombia and Vietnam decide to increase their money supply, while the US money supply remains stable, that will result in a higher depreciation of the peso and dong. I.e. their currencies will be cheaper against the US dollar, so the estimations made before are incorrect now. The previous estimates were:
Vietnam
-
23,205.35 Dongs per dollar - Today
- 23,025.00 Dongs per dollar - 3 month projection
Colombia
- 3,163.75 pesos per dollar - Today
- 3,001.25 pesos per dollar - 3 month projection
Since the currencies will depreciate more against the US dollar, both estimates must increase, e.g. probably in 3 months $1 will be worth 24,000 dongs or 3,200 pesos.
Answer:
"cost" represents the money paid for something and "opportunity cost" is the value of the thing given up when one chooses something else.
Explanation:
I got this answer from a different website because I'm not very good at explaining stuff like this but I took financial math and this is a good answer.
Answer:
a. Two lollipops and two candy bars
Explanation:
The maximum amount Camille's Grandma Mary can spend is $6.
($1 × 2) + ($2 × 2) = $6
I hope my answer helps you
A random variable x is a numerical outcome of a probability experiment. There is a numerical value which is determined by chance for each outcome in the procedure or experiment. Therefore, a random variable is used for describing outcomes using numerical values.
x = time in minutes