​Assume Jelly Corporation, a U

question 28

Multiple Choice

​Assume Jelly Corporation, a U.S.-based MNC, obtains a one-year loan of 1,500,000 Malaysian ringgit (MYR) at a nominal interest rate of 7 percent. At the time the loan is extended, the spot rate of the ringgit is $.25. If the spot rate of the ringgit in one year is $.28, the dollar amount initially obtained from the loan is $____, and the MNC needs $____ to repay the loan.

• A) ​375,000; 449,400
• B) ​449,400; 375,000
• C) ​6,000,000; 5,357,143
• D) ​5,357,143; 6,000,000

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Definitions:

Homeostasis

The maintenance of stable internal conditions within an organism despite changes in external conditions.

Dependent Variables

Variables in scientific experimentation that are affected by independent variables, used to measure the outcome of an experiment.

Independent Variables

Variables in an experiment that are manipulated to observe their effect on the dependent variable.

Appropriate Experimental Data

Data correctly selected or collected to support or refute a hypothesis in an experiment.