In a Parallel Circuit, ET = 120 V, R =

question 21

Multiple Choice

In a parallel circuit, ET = 120 V, R = 30 Ω, and XL = 40 Ω. What is IR?

• A) 1.71 A
• B) 3 A
• C) 2.4 A
• D) 4 A

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Definitions:

Forward Trade

A financial contract agreement to buy or sell an asset at a future date at a predetermined price.

Currency Exchange

The process of converting one currency into another currency.

Spot Exchange Rate

The current price at which one currency can be exchanged for another for immediate delivery.

Spot Trade

A transaction that involves the immediate exchange of one currency or commodity for another, settling immediately or within a short period.