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USF Tuition B: The tuition to attend USF as a full time undergraduate student is $50,000 a year. The recent currency fluctuations have affected the
USF Tuition B: The tuition to attend USF as a full time undergraduate student is $50,000 a year. The recent currency fluctuations have affected the tuition cost of many international students in their home currency. Use the Pacific Exchange Rate Database (fx.sauder.ubc.ca/data.html) to find the exchange rates of each of the five currencies (except United States and Myanmar) on Aug 15, 2017 and Aug 14, 2020 (use USD as the base currency). Calculate the percentage change in exchange rate of each currency and discuss whether it has depreciated or appreciated. Calculate the tuition costs in each currency in 2017 and 2020, respectively. and how much the tuition cost in that currency has increased or decreased in percentage change. Students from which country have been affected the most? Students from which country have been affected the least? Exchange rate Tuition in local currency Currency Per $ Per $ % Depreciation/ Tuition Tuition % (8/15/17)(8/14/20) change appreciation 2017 2020 change Chinese yuan Hong Kong dollar Philippine peso Thai baht Indian rupee USF Tuition B: The tuition to attend USF as a full time undergraduate student is $50,000 a year. The recent currency fluctuations have affected the tuition cost of many international students in their home currency. Use the Pacific Exchange Rate Database (fx.sauder.ubc.ca/data.html) to find the exchange rates of each of the five currencies (except United States and Myanmar) on Aug 15, 2017 and Aug 14, 2020 (use USD as the base currency). Calculate the percentage change in exchange rate of each currency and discuss whether it has depreciated or appreciated. Calculate the tuition costs in each currency in 2017 and 2020, respectively. and how much the tuition cost in that currency has increased or decreased in percentage change. Students from which country have been affected the most? Students from which country have been affected the least? Exchange rate Tuition in local currency Currency Per $ Per $ % Depreciation/ Tuition Tuition % (8/15/17)(8/14/20) change appreciation 2017 2020 change Chinese yuan Hong Kong dollar Philippine peso Thai baht Indian rupee
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