Question
Australian Dollar strengthens 9.6% against USD in the last year. One year ago, the exchange rate was $ 1 = A$ 1.2034, what is the
Australian Dollar strengthens 9.6% against USD in the last year. One year ago, the exchange rate was $ 1 = A$ 1.2034, what is the current XR?
Group of answer choices
$ 1 = A$ 1.0878
$ 1 = A$ 1.3189
$ 1 = A$ 1.0980
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Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert J. Hughes
7th Edition
0072866578, 9780072866575
