Question: please help explain how to solve with work shown thank you ULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the

please help explain how to solve with work shown thank you

ULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 21) The euro was launched in January 1999 with an official initial value against the dollar of 21 $1.1200/. As of January 2018 the currency exchange rate was $1.2000/. Thus, over this time period the euro has againf the dollar by a total of_ A) appreciated; 7.14% C) depreciated: 2.86% ppreciated: 2.86% D) depreciated; 7.14%

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