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Malaysian Island Resort. Therese Nunn is planning a 30-day vacaton on Pulau Penang, Malaysia, one year from now. The presont charge for a luoury suite
Malaysian Island Resort. Therese Nunn is planning a 30-day vacaton on Pulau Penang, Malaysia, one year from now. The presont charge for a luoury suite plus meais in Malaysian ringgit (FM) is room charges will be lifrited to any increase in the Malaysian cont of living. Molaysian infation is expected to be 2.7313% annum, while U.S. infation is expected to be 1.213%. a. How many dolars might Theresa expect to need one year hence to pay for hee 30 -day vacation? b. By, what petcent will the dollar cost have gone uge? Whiy? a. How many dollars might Theresa expect to need one year hence to pay for her 30-day vacation? The amount Theresa might exped to need one year hence to pay for ner 30 -day vocation is (Round to the nearest cent.)
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