QUESTION 5

1. Use the following chart to answer the next two questions.

   Currency	2017	2018	2019
   Pounds	.8/$	$1.35/	.9/$
   Yen	125/$	122/$	$.007/
   Euros	1.1/$	/$.85	$.95/

   1. What is the percentage appreciation/depreciation of the dollar from the British point of view from 2017 to 2018? Round intermediate steps and your final answer to four decimals. Express your answer in decimal format (ex. .XXXX)

   2.

   What is the percentage appreciation/depreciation of the euro from the US point of view from 2018 to 2019? Round intermediate steps to four decimals.

   		.1053
   		-.1053
   		.1176
   		-.1176
   		None of the above