QUESTION 21 Suppose the nominal exchange rate between the Japanese yen and the UK pound is 100 yen per pound. Further, suppose that a kilogram of rice costs \( £ 2 \) in the UK and 250 yen in Japan. What is the real exchange rate between Japan and the UK? a) 2.5 kilograms of Japanese rice per kilogram of UK rice. b) 0.5 kilograms of Japanese rice per kilogram of UK rice. c) 1.25 kilograms of Japanese rice per kilogram of UK rice. d) 0.8 kilograms of Japanese rice per kilogram of UK rice.

2.75 U Hva er vekstfaktoren når prisen på en vare går opp med \( \begin{array}{llll}\text { a } 5 \% & \text { b } 15 \% & \text { c } 15,5 \% & \text { d } 0,5\end{array} \)

You deposit \( \$ 400 \) each month into an account earning \( 7 \% \) interest compounded monthly. Round to the nearest cent as needed. a) How much will you have in the account in 20 years? b) How much total money will you put into the account? c) How much total interest will you earn?

You want to take out a \( \$ 299,000 \) mortgage (home loan). The interest rate on the loan is \( 5.4 \% \), and the loan is for 30 years. Your monthly payments are \( \$ 1,678.98 \). How much will still be owed after making payments for 5 years? \( \$ \) How much will still be owed after making payments for 10 years? How much will still be owed after making payments for 15 years? Round your answers to the nearest dollar.

Oppgave 2 Når Oslo Børs stenger for dagen er en type aksje verdt 42 kr . I løpet av dagen har aksjen økt i verdi med \( 20 \% \). Hvor mye var aksjen verdt da Oslo Børs åpnet denne dagen?

You have \( \$ 400,000 \) saved for retirement. Your account earns \( 9 \% \) interest. How much will you be able to pull out each month, if you want to be able to take withdrawals for 20 years? Question Help: Video 1 Submit Question