Calculate the percentage appreciaion or depreciation


Problem:

Assume that last year the Australian dollar was trading at $.5527, and the Mexican Peso at $.1102, and the United Kingdom (British) pound was worth $1.4233. By this year the U.S. dollar value of an Australian dollar ws $.7056, The Mexican Peso ws $.0867, and the British pound was $1.8203.

Required:

Question: Calculate the percentage appreciaion or depreciation of each of these three currencies between last year and this year.

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Accounting Basics: Calculate the percentage appreciaion or depreciation
Reference No:- TGS0888797

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