Given the following information

Days Exchange Rate % change

1 1$ - 1

2 0.94$ - 1

3 0.89$ - 1

4 1.05$ - 1

5 1.26$ - 1

1. Determine the daily percentage change
2. If you visited Europe and stayed in a hotel that charged 100 per room for 2days, at the beginning of Day 5, how much will it cost you to pay your bills in day 5
3. What about you visited in Day 4, how much will this affect a European who visited the USA and stayed in the hotel that charge the same amount
4. Comparing the rate in Day 4 and Day 5 what will be the effects= of the changes in the value of the firm on a multinational firm based in USA that purchases products at 1m Euros at the beginning of Day 4 and Day 5. Assuming that there is no change in the price of the item.