The Following Table Shows the Number of U -On June 1, 2016, Samantha Bought a Yoga Mat for to Buy

question 104

Multiple Choice

The following table shows the number of U.S. dollars required to buy one Mexican peso and the number of U.S. dollars required to buy one Japanese yen between June 1, 2016, and September 1, 2016. Use this table to answer the next questions. $$\begin{array} { l l l } \hline \text { Date } & \begin{array} { l } \text { U.S. Dollars Required } \\\text { to Buy 1 Mexican Peso }\end{array} & \begin{array} { l } \text { U.S. Dollars Required } \\\text { to Buy 1 Japanese Yen }\end{array} \\\hline \text { June 1,2016 } & 0.0536 & 0.0095 \\\text { July 1,2016 } & 0.0537 & 0.0096 \\\text { August 1,2016 } & 0.0541 & 0.0099 \\\text { September 1,2016 } & 0.0520 & 0.0098 \\\hline\end{array}$$
-On June 1, 2016, Samantha bought a yoga mat for 250 Mexican pesos in Playa del Carmen, Mexico. Because she only had Japanese yen, she needed to exchange her Japanese yen at a nearby
Money-exchange kiosk in order to get the 250 Mexican pesos she used for the purchase. The kiosk is able to buy and sell U.S. dollars, Mexican pesos, and Japanese yen at the exchange rates shown in the table. Approximately how much did the yoga mat cost Samantha in terms of Japanese yen?

• A) 0.2136
• B) 1,121
• C) 3,151
• D) 1,411
• E) 292,609

Apply mathematical formulas to compare investment returns and assess financial choices.

Perform calculations involving rate adjustments, such as inflation and discount rates, on financial planning.

Evaluate the financial implications of deferring payments or restructuring payment schedules.

Assess financial plans and payment options in consideration of inflation rates and expected investment returns.

---

Definitions:

Chronic

Relating to illnesses or conditions persisting for a long time or constantly recurring.

Intermittent

Occurring at irregular intervals; not continuous or steady.

Generalized Anxiety Disorder

A mental health disorder characterized by persistent and excessive worry about various aspects of life, not limited to one specific issue.

Constant Worry

A persistent state of anxiety where an individual is often overly concerned about a variety of issues beyond their control.