Question: In 2 0 1 4 , the US Dollar and Japanese Yen exchange rate was 1 US Dollar for 1 1 8 . 7 Japanese

In 2014, the US Dollar and Japanese Yen exchange rate was 1 US Dollar for 118.7 Japanese Yen. By 2017, the exchange rate become 1 US Dollar for 126.1 Japanese Yen. If a deposit of 14,000 US Dollar was invested in Japanese Yen denomination account at 7.0% interest rate. How much profit in Japanese Yen had the account generate by 2017?

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