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If a year ago 1CAD=54 INR and today 1CAD=61 INR what happened to the value of INR over the period? Depreciated 11.475% Appreciated 12.963% Depreciated

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If a year ago 1CAD=54 INR and today 1CAD=61 INR what happened to the value of INR over the period? Depreciated 11.475% Appreciated 12.963\% Depreciated 12.963% Appreciated 11.475\% Question 28 (2 points) Listen What is the present value of $2250 to be paid in two years if the interest rate is 15%? (Keep your response in currency form \& round appropriately)

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