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A year ago, a yuan cost $0.138. Today, a yuan costs $0.121. Part 1 What is the percent change in the value of the yuan?

A year ago, a yuan cost $0.138. Today, a yuan costs $0.121.

Part 1

What is the percent change in the value of the yuan?

Part 2

What happened to value of the two currencies?

Check all that apply:

The dollar depreciated.

The yuan depreciated.

The yuan appreciated.

The dollar appreciated.

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