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martha armijo
on Dec 15, 2024

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If the US$ weakens by 5% relative to the euro (US$1.00 = €0.746826) , what will be the new value for the euro per US$1.00?

A) €0.7842 per US$1.00
B) €0.7095 per US$1.00
C) €0.7861 per US$1.00
D) €0.7113 per US$1.00
E) €0.7855 per US$1.00

Weakens

To become lesser in strength, value, or severity.

US$

The United States dollar, the official currency of the United States of America.

Euro

The official currency of the eurozone, represented by the symbol € and used by 19 of the 27 European Union countries.

  • Comprehend and compute exchange rates and their impacts on the value of currency.
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tyler lunsfordDec 16, 2024
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