If Point a Is Located at Coordinates (-10,7)and Point B

question 21

Multiple Choice

If point A is located at coordinates (-10,7) and point B is located at coordinates (8,-8) ,what is the distance from A to B if the units of the coordinated system are meters?

• A)549 m
• B)23 m
• C)28 m
• D)33 m
• E)​26 m

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Definitions:

Spot Exchange Rate

The current exchange rate at which a foreign currency can be bought or sold for immediate delivery.

Forward Exchange Rate

The forward exchange rate is the agreed-upon exchange rate for a currency pair to be traded on a future date, used to hedge against currency risk.

Foreign Exchange Market

A financial market in which the currencies of different countries are traded.

Direct Quote

A representation of the exchange rate between two currencies, stating how much of the home currency is required to buy one unit of the foreign currency.