Answer:
$5030.45
Explanation:
Triangular arbitrage results when there is a discrepancy in the exchange rate of 3 foreign currencies. Traders can make a lot of money if they see this opportunity correctly.
Given:
Dollars to Yen >>> $0.007 = ¥ 1
Dollars to CAD >>> $0.821 = 1 CD
CAD to Yen >>> 1 CD = ¥ 118
Now, you have $5000,
Converting to CAD:
5000/0.821 = 6090.13 CAD
Converting to Yen:
6090.13 CAD * 118 = ¥ 718635.81
Converting back to USD:
¥ 718635.81 * 0.007 = $5030.45
So, you end up with $5030.45 from this triangular arbitrage opportunity.
Answer:
Line chart
Explanation:
A line chart, also known as a line plot, line graph, or curve chart, is a type of chart that shows data connected by straight line segments. It helps visualize data with clarity and organization.
Answer:
working with someone to build a house
Explanation:
Out of all of the options listed the one that is an example of a positive-sum game is working with someone to build a house. This is because you are collaborating with another individual equally and all decisions and actions affect both of you equally. Therefore, if you win/profit you would both be winning/profiting at the same time, the same goes for losses. In such a game you one would not profit without the others profiting as well.
Answer:
The answer is the last one which is credit cards have low interest rate
Explanation:
I think so