TropiKana Inc

question 40

Multiple Choice

TropiKana Inc., a U.S firm, has just borrowed euro 1,000,000 to make improvements to an Italian fruit plantation and processing plant. If the interest rate is 5.50% per year and the Euro depreciates against the dollar from $1.40/€ at the time the loan was made to $1.35/€ at the end of the first year, how much interest will TropiKana pay at the end of the first year (rounded) ?

• A) $55,000
• B) €74,250
• C) $74,250
• D) $77,000

---

Definitions:

Left Frontal Lobe

Part of the brain located in the front left part of the skull, responsible for voluntary movement, expressive language, and managing higher level executive functions.

rTMS

Repetitive Transcranial Magnetic Stimulation involves a non-invasive technique utilizing magnetic fields to activate brain nerve cells, aiming to alleviate depression symptoms.

Energizing

Giving energy to; invigorating or stimulating a physical, mental, or emotional state.

Brain Stimulation

The application of electrical or magnetic impulses to specific areas of the brain to influence neurological function.