Alumina limited of australia has called mitsubishi ufj financial group to get its opinion about the japanese yen–australian dollar exchange rate. the current rate is ¥67.72/a$, and mitsubishi thinks the australian dollar will weaken by 5% over the next year. what is mitsubishi ufj forecast of the future exchange rate

Step-by-step explanation:

If the Australian dollar weakens by 5% over the next year, then the A. L will need 5% more Australian dolar to buy Japanese yen. Calculate exchange rate after oe year as follows:

Thus, the exchange rate over the next year is ¥64.495/AUD

option (b) is correct

step-by-step explanation:

to find the solution of this system, we need to convert it into reduced row-echelon form. we have,

after applying row operations r2 -> r2/2 and r3 -> r3/3, we get,

answer is 33

step-by-step explanation: