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
Ymorist [56]
3 years ago
5

Ryan Lock had planned his trip to the Olympic Games in Rio de​ Janeiro, Brazil, for many months. He had ​budgeted-saved-$15 comm

a 000 for expenses while in Rio. But he had postponed exchanging the dollars for Brazilian currencylong dashreal ​(BRL or ​R$)long dashuntil the very last minute on August​ 8th, doing it in the airport in the United States at BRL 3.2312equals1.00 USD. Given the following average monthly exchange rates in​ 2016, when should he have exchanged the dollars for real to maximize his Brazilian spending​ money?
Business
1 answer:
WITCHER [35]3 years ago
8 0

Answer:

He should have exchanged the dollars for real in January 2016 to maximize his Brazilian spending​. The exchange rate in January will result to highest Real (BRL) of R$<em>59,463.00</em>

Explanation:

To arrive at R$ equivalent of $15,000 on monthly basis, since  BRL=1.00 USD, multiply R$ exchange rate each month by $15,000.

For January,  3.9642*15,000= R$59,463.00

     February  3.8402*15,000= $57,603.00, etc.

Solution  

S/N Month      BRL=1.00 USD          BRL Equivalent(R$)

1 January              3.9642              59,463.00

2 February            3.8402               57,603.00

3 March                 3.6086               54,129.00

4 April                    3.6851                55,276.50

5 May                     3.5843               53,764.50

6 June                    3.5493               53,239.50

7 July                      3.2331               48,496.50

8 Aug-08                3.2312               48,468.00

You might be interested in
Aye who yall goink foe in da super bowl...
Tems11 [23]
I’m going for Tampa bay
7 0
3 years ago
How walmart motivate thier employees?
dybincka [34]
They offer a Extrinsic reward, it’s a reward such as money gifts and recognition. This reward is used by Walmart to motivate their workers for extrinsic motivation Walmart to encourage their workers through health care benefit and financial benefit.
3 0
4 years ago
Orange manufactures orange juice. last month's total manufacturing costs for the operation included:_______
Black_prince [1.1K]

Orange manufactures orange juice. final month's overall production costs for the operation covered: Direct exertions, production overhead, and conversion fees.

Manufacturers are described because of the creation of recent merchandise, either from raw materials or components. Examples of products include car companies, bakeries, shoemakers, and tailors, as all of them create products, as opposed to presenting offerings.

Manufacturers are the making of products by means of hand or via gadgets that upon finishing touch the business sells to a customer. items utilized in manufacture may be raw substances or component components of a larger product. the production generally takes place on a massive-scale production line of equipment and professional exertions.

A manufacturer is any enterprise that produces completed items from uncooked substances. They sell these items to clients, wholesalers, distributors, shops, and different manufacturers trying to create more complicated gadgets. manufacturers typically persist with one form of the product.

Learn more about manufacturers here: brainly.com/question/26320301

#SPJ4

7 0
1 year ago
In a proposal, where should you introduce the problem, need, or opportunity you'll address?
natita [175]

In the opening as the introduction is the place where introduce the problem, need, or opportunity that will address by the person, in a proposal.

<h3>What does it mean to write a proposal?</h3>

A proposal is a document that, technically speaking, tries to persuade the reader to adopt a plan or project that is being provided. For their operations to be successful and to land new contracts, the majority of firms rely on persuasive proposal writing.

A person can observe that a proposal frequently contains the following: a brief explanation of the problem, the suggested solution, the costs involved, and the benefits.

Thus, In the opening as the introduction is the place.

For more details about write a proposal, click here:

brainly.com/question/1341280

#SPJ4

5 0
2 years ago
A visually evident condition that should alert a reasonably diligent real estate agent as to a problem is commonly referred to a
deff fn [24]

The answer that is being depicted above is red flag. This is a process or a way of having to provide reasonable explanation or to alert an individual when there is a problem that is present in means of having to let them know about it.

4 0
3 years ago
Other questions:
  • A consumer is someone who uses goods and services.<br> True<br> False
    5·2 answers
  • Match the Activity Level with the proper definition. a. Activities performed for each unit of production b. Activities performed
    8·1 answer
  • Assume the natural rate of unemployment in the U.S. economy is 5 percent and the actual rate of unemployment is 9 percent. Accor
    14·1 answer
  • A remotely located air sampling station can be powered by solar cells or by running an electric line to the site and using conve
    13·1 answer
  • Janet has almost finished painting a neighbor's house, at which time she'll be paid $2,000. The fact that she is increasingly un
    5·1 answer
  • Kuhn does not have any retained earnings available to finance this project, so the firm will have to issue new common stock to h
    10·1 answer
  • On January 1, 2019, Sanders Corporation purchased equipment having a fair value of $68,301.30 by issuing a non-interest-bearing,
    13·1 answer
  • Webster's Words has a printing press which they are not using at the present time. In fact, they have not used this equipment fo
    14·1 answer
  • What is the difference between the performance of luxury car and normal cars?
    9·2 answers
  • Any action, other than lowering its price, that a firm undertakes to increase the demand for its output is called?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!