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.
when the nation went through a deep recession in the early 1980s and 2007-2009, the unemployment rate reached A. 10%.
<h3>what was the unemployment rate in 2007-2009?</h3>
after the disastrous Great Recession started in late 2007, companies were forced to terminate people's contracts to stay afloat.
this led to unemployment reaching levels of around 10% of the labor force. This had not been seen in the U.S. since the early 1980s.
options for this question include:
A. 10%. B. 20%. C. 30%. D. 40%.
find out more on the recession of 2008 at
#SPJ1
Suppose you buy clothes at Mimi's Clothng Shop. Your spending is Mimi's profit.
The purchase tax is paid by the consumer over a commodity. The excise tax has been considered as the purchase tax.
<h3 /><h3>What are taxes?</h3>
The taxes are the contribution to the state made to develop the contribution to the revenue. The Purchase tax has been the tax paid by the individual over the product buy.
The following tax is paid as:
- Income tax: Over income
- Social security: Over the protection
- Property tax: Over the land owned
- Excise tax: Over the purchase
Thus, the excise tax has been the type of purchase tax. Thus, option D is correct.
Learn more about purchase tax, here:
brainly.com/question/12760820
Answer:
AOLC_{Allan}=$2750
AOLC_{Kara}=$2475
AOLC_{Allan}=$1000
AOLC_{Kara}=$780
Explanation:
American Opportunity Learning credit.
First, assuming Allan and Kara are eligible, we must know how the two forms of credit work. For the American Opportunity Learning credit (AOLC), it is possible to receive 100% of the tax deduction for the first 2000 and then 25% of the deduction up to a maximum of 2500. So, the amount of the opportunity credit for Allan and Kara is given by:
Now, for the American Lifetime Learning credit (ALLC), we have to allow 20% deduction of taxes up to $2000 if the person meets the requirement of not earning more than 68000, then:
