Round to the Nearest Thousandth $$3 ( 3 x - 3 ) = 24$$

question 297

Multiple Choice

Round to the nearest thousandth.
- $$3 ( 3 x - 3 ) = 24$$

• A) \(\{ - 0.036 \}\)
• B) \(\{ 3.667 \}\)
• C) \(\{ 1.693 \}\)
• D) \(\{ 1.964 \}\)

---

Definitions:

Forward Contract

A financial agreement to buy or sell an asset at a future date at a price established at the outset, used to hedge against price fluctuations.

Spot Rate

The current market price at which a currency can be bought or sold for immediate delivery and payment.

Forward Rate

A financial term describing the agreed-upon exchange rate for currencies to be exchanged at a future date between parties.

Foreign Exchange Gain

A profit arising from the increase in value of one currency against another.