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
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He wants to put all mexians in space
Answer:
No
Explanation:
An investment that "promises" a 44 percent annual return is most likely a scam, because even the riskiest stocks rarely yield annual returns higher than 10% of the initial investment.
Besides, the option is described as very complicated, and you as a potential investor do not understand it well, which is a very difficult position to be in because it could even lead you to being scammed without realizing.