Question
Canadian Dollar/U.S. Dollar. The Canadian dollar's value against the U.S. dollar has seen some significant changes over recent history. Using the graph of the C$/US$
Canadian Dollar/U.S. Dollar. The Canadian dollar's value against the U.S. dollar has seen some significant changes over recent history. Using the graph
of the C$/US$ exchange rate for the 35-year period between 1980 and January 2015 to estimate the percentage change in the Canadian dollar's value (affectionately known as the "loonie") versus the dollar for the following periods.
a. January 1980-January 1986
b. January 1986-October 1991
c. October 1991-December 2001
d. December 2001-April 2011
e. April 2011-January 2015
a. The percentage change in the value of the loonie for the period of January 1980 to January 1986 is %.
(Round to two decimal places. A negative change must be entered with a negative sign.)
b. The percentage change in the value of the loonie for the period of January 1986 to October 1991 is %.
(Round to two decimal places. A negative change must be entered with a negative sign.)
c. The percentage change in the value of the loonie for the period of October 1991 to December 2001 is %. (Round to two decimal places. A negative change must be entered with a negative sign.)
d. The percentage change in the value of the loonie for the period of December 2001 to April 2011 is %.
(Round to two decimal places. A negative change must be entered with a negative sign.)
e. The percentage change in the value of the loonie for the period of April 2011 to January 2015 is %.
(Round to two decimal places. A negative change must be entered with a negative sign.)
0.8 0.9 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.16 1.41 1.7 Canadian dollars (CAD) = 1.00 U.S. dollar (USD) 11.13 Jan 80 Sep-80 May-81 Jan-82 Sep 82 May 83 Jan-84 Sep 84 May 85 Jan-86 Sep 86 May-87 Jan 88 Sep-88 May 89 Jan 90 Sep 90 May 91 Jan-92 Sep-92 May 93 Jan-94 Sep94 May-95 Jan-96 Sep-96 May 97 Jan-98 Sep-98 May 99 Jan-00 Sep 00 May 01 Jan-02 Sep 02 May 03 Jan 04 Sep-04 May 05 Jan 06 Sep 06 May 07 Jan-08 Sep 08 May 09 Jan-10 Sep 10 May 11 Jan 12 Sep 12 May 13 Jan 14 Sep 14 Arung 1.60 1.26 January 1980-January 2015 (monthly average) 0.96 1.25 0.8 0.9 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.16 1.41 1.7 Canadian dollars (CAD) = 1.00 U.S. dollar (USD) 11.13 Jan 80 Sep-80 May-81 Jan-82 Sep 82 May 83 Jan-84 Sep 84 May 85 Jan-86 Sep 86 May-87 Jan 88 Sep-88 May 89 Jan 90 Sep 90 May 91 Jan-92 Sep-92 May 93 Jan-94 Sep94 May-95 Jan-96 Sep-96 May 97 Jan-98 Sep-98 May 99 Jan-00 Sep 00 May 01 Jan-02 Sep 02 May 03 Jan 04 Sep-04 May 05 Jan 06 Sep 06 May 07 Jan-08 Sep 08 May 09 Jan-10 Sep 10 May 11 Jan 12 Sep 12 May 13 Jan 14 Sep 14 Arung 1.60 1.26 January 1980-January 2015 (monthly average) 0.96 1.25Step by Step Solution
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