1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
AlexFokin [52]
3 years ago
15

4.The inflation rate in the U.S. is 3%, while the inflation rate in Japan is 1.5%. The current exchange rate is $1 equal to 105

Japanese yen. If purchasing power parity condition is existed, what is the new exchange rate for the yen?
Business
1 answer:
Nana76 [90]3 years ago
5 0

Answer:

103.4709          

Explanation:

The computation is shown below:

Given that

U.S inflation rate = 3%

Japan inflation rate = 1.5%

Current exchange rate = 105

Now the new exchange rate for the yen is

= Current exchange rate × (1 + Japan inflation rate) ÷ (1 + U.S inflation rate)

= 105 × (1 + 1.5%) ÷ (1 + 3%)

= 105 × (1.015 ÷ 1.03)

= 105 × 0.985436893

= 103.4709          

You might be interested in
Assignment Background Ellie Johnson Associates surveys American eating habits. The company's 1) Using the General Journal tab, c
Sav [38]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>

<em> </em>

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
5 0
3 years ago
A banker's acceptance A. is a draft drawn on a bank and paid by that bank when presented to it. B. may be accepted by the bank f
bulgar [2K]

Answer: Option (D) is correct.

Explanation:

A banker's acceptance is an instrument that represents the promised payment by the bank in the future. This payment is accepted as a time draft by the bank and is to be drawn on a particular deposit. This draft is having all the information that is related to the future payment amount, date of the payment and the party to which the payment to be made. This acceptance can also be traded until the date of maturity.

3 0
3 years ago
traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income
Nuetrik [128]

ANSWER: Surplus by $1,152

EXPLANATION: Traci had a budget of $770 for fixed expense and $530 for living expenses per month which adds up to $1,300 expenses per month. Since she has no annual expense, her yearly total expense would be $15,600.

Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0
3 years ago
Read 2 more answers
For approximately how many seconds does 2022 versa’s hill start assist hold the brakes?
zhuklara [117]

The Nissan Versa has a starting assistant that lasts at least 3 seconds so that the driver can easily start on slopes.

<h3>What is the hill start assistant?</h3>

The hill start assistant is a technological and mechanical device that has been implemented in several cars worldwide to prevent the car from rolling back due to gravity and inertia.

Hill Start Assist allows the driver to start on a hill without worrying about backing up. This development has prevented several accidents and is a good invention for those who are just starting to drive.

One of the cars that have this development is the Nissan versa 2022. This car offers a hill-start assistant that allows the driver to have at least 3 seconds to start the car on a slope without the car backing up.

Learn more about cars in: brainly.com/question/11312858

8 0
2 years ago
Chester's balance sheet has $105,027,000 in equity. Next year they expect Assets to increase by $4,000,000 and Liabilities to de
Murljashka [212]

Answer:

107,027,000 is the total book value

Explanation:

So, you would start by adding 105,027,000 to 4,000,000 that gives you 109,027,000. Then you would subtract 109,027,000 and 2,000,000 that gives you 107,027,000

Therefore your answer will be 107,027,000

6 0
2 years ago
Other questions:
  • The __________ is the serous membrane that covers most digestive organs.
    6·2 answers
  • Cameron has a small graphics design business that specializes in customizing social websites. The business is growing; however,
    15·1 answer
  • Explain why the order of operations is necessary for simplifying numerical expressions
    10·1 answer
  • Casio, a giant electronic products producer, synthesizes it abilities in miniaturization, microprocessor design, material scienc
    12·1 answer
  • The Babylonians in sumer used what as a monetary commodity ?
    7·1 answer
  • A corporation is attempting to sell additional shares to its existing shareholders through a rights distribution. A shareholder
    8·1 answer
  • A life insurance salesperson who takes advantage of the foot-in-the-door phenomenon would be most likely to
    10·1 answer
  • Crich Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct
    11·1 answer
  • The guy who put letters in math is the reason im failing in geometry im just like
    12·1 answer
  • Carducci corporation reported net sales of $3.6 million, average total assets of $1.1 million, and net income of $847,000. The t
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!