Question: 1. If a financial calculator costs 3,980 while the same calculator costs $40 in the United States, what is the current exchange rate of US
1. If a financial calculator costs 3,980 while the same calculator costs $40 in the United States, what is the current exchange rate of US dollars for Yen? If, over the next year, inflation is 6% in Japan and 10% in the United States, what will the calculator cost next year? What is the exchange rate of US dollars for Yen with inflation?
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