Question: On December 3 1 , 2 0 2 3 , the exchange rate between US Dollars and Japanese Yen was 1 3 0 . 7

On December 31,2023, the exchange rate between US Dollars and Japanese Yen was 130.74=$1.00. On December 31,2024, the exchange rate was 141.03=$1.00. In nominal terms, during 2024, the Yen: a. Appreciated 7.87% against the USD. b. Appreciated 7.30% against the USD. c. Appreciated 7.66% against the USD. d. Appreciated 8.08% against the USD. e. Depreciated 7.87% against the USD. f. Depreciated 7.30% against the USD. g. Depreciated 7.66% against the USD. h. Depreciated 8.08% against the USD. i. None of the above answers is correct.
asap please I will upvote and give correctly
On December 3 1 , 2 0 2 3 , the exchange rate

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