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A US Investor Purchased a $100,000 Canadian Dollar CD 180 Days

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A U.S. investor purchased a $100,000 Canadian dollar CD 180 days ago at a rate of 7 percent. The Canadian spot rate was 1.367 C$/U.S.$ when the investment was made. The U.S. dollar cost of the investment was ________ and the total amount of Canadian investment was _________ C$ after 180 days?


Definitions:

Wastewater Lagoons

Artificial ponds designed for the treatment and settling of wastewater through natural processes such as microbial degradation, allowing for the removal of pollutants before discharge to the environment.

Sewer Lines

Pipelines specifically designed for the transportation of wastewater from homes and businesses to treatment facilities.

Solar Disinfection

A method of treating water to make it safe to drink by exposing it to sunlight, which uses UV radiation to destroy harmful pathogens.

Cloth Filtering

A method of separating particles from a fluid or air by passing it through a fabric that traps the particles.

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