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Arnie is an american teaching english in Japan,and the currently has 55,000 yen in his bank account.If the excham=nge rate changes from 1 us dollar=90.77 Japanese yen to 1 US dollar=91.24 Japanese yen what happens to the value in US dollars of the money in Arnie's bank account?

A. it increases by $3.12
B it decreases by $3.12
C. it decreases by $25,850.00
D. it increases by $25,850.00

User AsymLabs
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1 Answer

7 votes
it decreases by $3.12
User Aniketh Malyala
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