Assume Today You Can Exchange $1 for €

question 19

Multiple Choice

Assume today you can exchange $1 for €.8026,while 1 month ago €1 was worth $1.2272.Assume you converted €300 into dollars last month and then converted your dollars back to euros this week.What is your net profit or loss in euros?

• A)€3.82
• B)−€4.51
• C)−€3.78
• D)€3.49
• E)−€4.91

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Definitions:

Inspection

The act of examining something closely, often for quality, safety, or compliance purposes.

Auscultation

A diagnostic method used in medicine to listen to the sounds of the internal organs, usually with a stethoscope.

Palpation

The method of feeling with the hands and fingers during a physical examination to detect abnormalities within the body.

Percussion

A family of musical instruments played by striking them with the hand or a stick, or the act of tapping on a surface to diagnose the condition of the underlying structure in a body.