A US based investor plans to invest $44,400 in Russia, where the interest rate is 6.65%. If the current exchange rate is $1 US buys 55 Rubles and the future expected exchange rate is $1 US buys 51.5...


A US based investor plans to invest $44,400 in Russia, where the interest rate is<br>6.65%. If the current exchange rate is $1 US buys 55 Rubles and the future<br>expected exchange rate is $1 US buys 51.5 Rubles, then what is the future<br>value of this investment?<br>$50,570.7<br>$52,225.5<br>$52,990.0<br>O $54,040.4<br>

Extracted text: A US based investor plans to invest $44,400 in Russia, where the interest rate is 6.65%. If the current exchange rate is $1 US buys 55 Rubles and the future expected exchange rate is $1 US buys 51.5 Rubles, then what is the future value of this investment? $50,570.7 $52,225.5 $52,990.0 O $54,040.4

Jun 07, 2022
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