Answer:
Hello.
Explanation:
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Answer:
Explanation:
A forward exchange rate is the quoted price for a unit of foreign currency to be delivered at a specified date in the future.
The government sets a fixed exchange rate that is allowed to fluctuate only slightly (if at all) around the par value.
When American customers import more from Europe than they export to Europe, the euro appreciate relative to the dollar.
The depreciation or appreciation of a currency refers to a decrease or increase, respectively, in the foreign exchange value of a floating currency.
Under a managed floating regime, the government plays a significant role in managing the exchange rate by manipulating the currency's supply and demand.
Currencies under such a regime are nonconvertible currencies.
A conventional cash flow pattern associated with capital investment projects consists of an initial outflow followed by a number of inflows over a period of time.
Investing is dedicating an asset to obtain an increase in cost over a time period. Making funding calls for sacrificing your contemporary assets including time, cash, and effort. In finance, the cause of investment is to generate and make the most of the assets invested
An investment is an asset or item bought for income or capital appreciation. Valuation refers back to the boom in the value of an asset over time. while a person purchases a very good as an funding, the intention isn't to devour the good, however, to use it to create wealth inside the destiny.
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Answer:
Explanation:
To find the income elasticity we first must recall the formula
which is the percentage change in quantity when income increases in one percent.
From the demand curve we can find 
by taking derivative of Q with respect to Y: 
Next we need to know what is the income at the equilibrium quantity of 1300, which we can back out from the data given in the question
Then
Answer: Option (b) is correct.
Explanation:
Given that,
Price of island = $24 worth of goods
Goods include beads, trinkets, cloth, kettles, and axe heads.
Annual interest rate(r) = 4%
Number of periods(n) = 391
Future value will be calculated from the following formula:
= 24 × 4,571,257.29
= $109,710,174.93
