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MrRissso [65]
2 years ago
9

Currency exchange rates are constantly fluctuating. How might this affect the currency exchange plans of a traveler who plans to

spend several thousand dollars as they travel over a period of two months?
Mathematics
1 answer:
Bingel [31]2 years ago
5 0

Answer:

Currency exchange rates fluctuations pose budget uncertainty risk for future travellers. A solution to this is Forward Exchange rate markets.

Step-by-step explanation:

Currency Exchange rate is the rate at which two currencies can be exchanged for each other, it is the price of one currency in terms of other.

The currency exchange rates are dynamic, fluctuating based on demand & supply of currencies in foreign exchange markets. This uncertainty in currency rates is not good for foreign travellers, for making later plans. It might disturb their entire allotted budget.

So, they should purchase foreign exchange on Forward Exchange Rate. This rate depicts agreement for exchange of currencies, at pre-determined exchange rate, at a specific date. Buying foreign exchange from Forward markets will protect travellers from Forex volatilities.

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Step-by-step explanation:

If an absolute value of a negative number plus a absolute value of the positive number is positive. Absolute value of anything is positive.

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3 years ago
The point P(x,y) lies in the terminal side of an angle theta= -60° in standard position. What are the signs of the values of x a
Molodets [167]

Answer:

Step-by-step explanation:

x is positive and y is negative

5 0
2 years ago
Read 2 more answers
4. Determine all unknown sides and angles to 1 decimal place.
Ksju [112]

Answer:

The unknown sides are 60.81cm and 51.57cm while the unknown angle is 58degrees

Step-by-step explanation:

4a) Given the following

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Required

Adjacent and hypotenuse side

According to SOH CAH TOA

tan \theta = \frac{opp}{hyp}\\tan 32=\frac{38}{hyp}\\hyp=\frac{38}{tan 32}\\hyp=\frac{38}{0.6249}\\hyp=  60.81cm

Next is to get the adjacent

Cos 32=\frac{adj}{60.81}\\adj=60.81cos32\\adj=60.81(0.8480)\\adj= 51.57cm

Next is to get the missing

Since sum of angle in the triangle is 180degrees

32 + 90 + x = 180

122 + x = 180

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7 0
3 years ago
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Kamila [148]

Answer:

see explanation!

Step-by-step explanation:

Line N

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Line M

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Any coordinate on N has a sum of 2.

Any coordinate on M has a y that is 10 less than the x.

6 0
2 years ago
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bulgar [2K]

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The next lower number that is a perfect square is 4, the next higher perfect square is 9.  Take the roots of those two numbers to find the integers you are looking for.

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3 years ago
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