asked 128k views
0 votes
Amber is an American teaching English in China, and she currently has 35,000

yuan in her bank account. If the exchange rate changes from 1 U.S. dollar =
6.83 Chinese yuan to 1 U.S. dollar = 6.96 Chinese yuan, what happens to the
value in U.S. dollars of the money in Amber's bank account?


A. It decreases by $4550.00

B. It increases by $4550.00

C. It increases by $95.71

D. It decreases by $95.71

asked
User RobertT
by
8.7k points

2 Answers

1 vote

Answer:

decreases by $95.71

Explanation:

Just did test

answered
User DanielsV
by
7.9k points
3 votes

It decreases by $95.71

answered
User Dkneller
by
9.0k points
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