22.1k views
5 votes
Jodi traded $3400 for Chinese yuan, immediately changed her mind, and then

promptly traded her Chinese yuan back into dollars. Which of these amounts
is she most likely to have?
O A. $0
O B. More than $3400
O
c. More than $0 but less than $3400
O
D. $3400

2 Answers

3 votes

Answer:

C. More than $0 but less than $3400

Explanation:

Logically one may think that if the exchange rate doesn't change then Jodi would get the same amount of money back that she traded. The key part of the question is which amount is she "most likely" to have. Almost all exchanges require flat fees in order to accommodate workers and trading. Jodi would probably get most of her money back, but not all $3400 dollars.

User Amirh
by
6.1k points
4 votes

Answer: C hope this helps :)!

User LOAS
by
5.8k points