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
nalin [4]
3 years ago
6

Kenya is reserving a room in a hotel in France where they use euros (€). The room charge is €75. Suppose the conversion rate is

€1 = $1.298. What is the cost of the room in dollars?. . $57.78. . $77.56. . $97.35. . $129.80.
Business
1 answer:
irakobra [83]3 years ago
5 0
The cost of the room in dollars is obtained by multiplying the given value with the conversion. This is shown below,
                                   (€ 75) x ($1.298 / <span>€1)
The numerical value of the operation above is $97.35. Therefore, the answer is letter C. $97.35. </span>
You might be interested in
Methods of determining Capital Requirements
Eva8 [605]
REGRESSION ANALYSIS METHOD

OPERATING CYCLE METHOD

PERCENTAGE OF SALES METHOD


7 0
3 years ago
A machine purchased 1 year ago for $85,000 costs more to operate than anticipated. When purchased, the machine was expected to b
goblinko [34]

Answer:

Value of S=$25000.

Explanation:

Value of P= $75000

Value of n= 5 years

Value of AOC= $36000+ $1500k (k=1 to 5)

Since the salvage value would be after 5 years=

S=($75000- $10000*5) = $75000- $50000= $25000.

Value of S=$25000.

4 0
4 years ago
In 1972, computer scientist ________ recognized that digital devices would change the world as they evolved and became widely us
marishachu [46]
<span>In 1972, computer scientist Gordon Bell recognized that digital devices would change the world as they evolved and became widely used.
</span>Gordon Bell was an American electrical engineer and manager.<span> He was responsible for the first mini- and timesharing computers and is famous for his development of DEC's highly-successful VAX architecture.</span>
5 0
3 years ago
You are running a hot Internet company. Analysts predict that its earnings will grow at 30% per year for the next five years. Af
Andrej [43]

Answer:

The present value of the future earnings is $51,981,214.36

Explanation:

The present value of the earning can be calculated by discounting the earnings for the next five years along with calculating the terminal value of earnings at the end of the five years when the growth rate in earnings becomes constant and discounting it back to the present value.

Taking the value in millions,

Present Value = 1 * (1+0.3) / (1+0.08)  +  1 * (1+0.3)^2 / (1+0.08)^2  +  

1 * (1+0.3)^3 / (1+0.08)^3  +  1 * (1+0.3)^4 / (1+0.08)^4  +  1 * (1+0.3)^5 / (1+0.08)^5  + [( 1 * (1+0.3)^5 * (1+0.02) / (0.08 - 0.02)) / (1+0.08)^5]

Present value = $51.98121436 million or $51,981,214.36

8 0
3 years ago
Alyona recently purchased a car. In her first auto loan statement, she was surprised to find a letter for a life insurance compa
Ad libitum [116K]

Answer:

Credit life Insurance

Explanation:

The scenario describes Credit life insurance

This is a form of insurance policy that that is designed to pay off the balance on a policy holder's outstanding loan in case of death. It is designed for the protection of lender and heirs who are co signers from loss in case of the death of the borrower.

The insurance is liable to the balance on the loan as at the time of the death of the borrower.

3 0
3 years ago
Other questions:
  • The management of Nebraska Corporation is considering the purchase of a new machine costing $490,000. The company's desired rate
    8·1 answer
  • The possibility that the failure of one bank can hasten the failure of other banks is called the:
    15·1 answer
  • In the context of enterprise resource planning (ERP) systems, the most efficient and effective ways to complete a business proce
    6·2 answers
  • Suppose that for a particular firm the only variable input into the product process is labor and that output equals zero when no
    10·1 answer
  • Researchers have found that before buying a new car, consumers tend to look at ads for all makes and models of cars. However, on
    11·1 answer
  • Superior Micro Products uses the weighted-average method in its process costing system. During January, the Delta Assembly Depar
    14·1 answer
  • During 2021, a company sells 21 units of inventory. The company has the following inventory purchase transactions for 2021: Date
    6·1 answer
  • Which statement is correct in regard to renting a home?
    15·1 answer
  • Rearden Metal has earnings per share of $2. It has 10 million shares outstanding and is trading at $20 per share. Rearden Metal
    15·1 answer
  • The minimum amount (planned) of fuel to be aboard a domestic flight within the 48 contiguous united states, after reaching the m
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!