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part b please its going to ask me to probably fill in the blank for part B after asking WHY? Malaysian island Resort. Theresa Nunn
part b please its going to ask me to probably fill in the blank for part B after asking WHY?
Malaysian island Resort. Theresa Nunn is planning a 30-day vacation on Pulau Penang. Malaysia, one year from now. The present charge for a tuxury suite pitus meals in Malaysian ringgit (RM) is RM1,047/day. The Malaysian ringgit presently trades at RM3.1350/5. She determines that the dollar cost today for a 30-day stary would be $10,019.14. The hotel informs her that any increase in its room charges will be limited to any increase in the Malaysian cost of living. Malaysian inflation is expected to be 2.7909% annum, while U.S. inflation is expected to be 1.29%. a. How many dollars might Theresa expect to need one year hence to pay for her 30-day vacation? b. By what percent will the dollar cost have gone up? Why? a. How many dollars might Theresa expect to need one yoar hence to pay for her 30 -day vacation? The amount Theresa might expect to need one year hence to pay for her 30-day vacation is $ (Round to the nearest cent.) b. By what percent will the dollar cost have gone up? The percentage the dollar cost will have gone up is 6. (Round to three decimal places.) Malaysian Island Resort. Theresa Nunn is planning a 30-day vacation on Pulau Penang, Malaysia, one year from now. The present charge for a luxury sulte plus meals in Malaysian ringgit (RM) is RM1,047iday. The Malaysian ringgit presently trades at RM3.13501\$. She determines that the dollar cost loday for a 30 -day stay would be $10,019.14. The hotel informs her that any increase in its foom charges will be limited to any increase in the Malaysian cost of living Maloysian infiation is expected to be 2.7909% annum, while U.S. inflation is expected to be 1.29%, a. How many dollars might Theresa expect to need one year hence to pay for her 30 -day vacation? b. By what percent will the dollar cost have gore up? Why? a. How many dollars might Theresa expect to need one year hence to pay for her 30-day vacation? The amount Theresa might expect to need one year hence to pay for her 30 -diay vacation is $ (Round to the nearest cent) b. By what percont will the dolar cost have gone up? The percentage the dollar cost will have gone up is (Round to three decimel placea-) Step by Step Solution
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