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The value of euro was $1.30 last week. During last week the euro depreciated by 5%. What is the value of euro today? a.1.365 b.1.235

The value of euro was $1.30 last week. During last week the euro depreciated by 5%. What is the value of euro today?

a.1.365

b.1.235

c.1.330

d.1.30

I know the answer is B

but why ? how do i get the answer

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