channan
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Peso exchange rate changes in december 1994, the goverment of Mexico officially change the value of the mexican peso from peso 3.2/$ to peso 5.5/$. was this a devaluation, revaluation, depriciation, or appreciation?
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Posted: 12 years ago
Depreciation because Gave's in Mixico is changer 3.2$ to 5.5 $
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Posted: 12 years ago
Hong kong dollar and chinese yuan. The hong Kong dollar has long been pegged to the U.S dollar at HK $ 7.80/$. When the chinese yuan was revalued in July 2005 against the U.S dollar from yuan 8.28/$ to Yuan 8.11/$, how did the value of the hong Kong dollar change against the yuan?
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Posted: 12 years ago
Simplification of the difference quotient for the function f(x) = 2x - 1:
Calculation of f(x+h): f(x+h) = 2(x+h) + 1 = 2x + 2h +1.
Substitution of f(x + h) and f(x) in the definition of the difference quotient by their expressions:
[ f (x + h) – f(x) ] / h = [2x + 2h + 1 - (2x - 1)] / h. Now you need to finish the rest of the calculation, and that's it.
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Posted: 12 years ago
Good as gold. under the gold standard, the price of and ounce of gold in U.S dollars was $20.67, while the price of that same ounce in British pounds was 4.2474. What would the exchange rate between the dollar and the pound be it U.S dollar price has been $38.00 per ounce?
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Posted: 12 years ago
The price per ounce would've been 7.8085 pounds. The exchange rate wouldn't change.
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Posted: 12 years ago
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