Yesterday the exchange rate between the Tomato and the U.S. dollar was USD 0.5000/Tomato. What will be the exchange rate tomorrow if you expect the tomato to appreciate by 20 %? Give your answer in USD per 1 Tomato. Please round to TWO decimal places.

Yesterday the exchange rate between the Tomato and the U.S. dollar was 2 Tomatoes for 1 USD. What will be the exchange rate tomorrow if you expect the tomato to appreciate by 20 %? Give your answer in tomatoes per 1 USD. Please round to TWO decimal places.

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To calculate the new exchange rate after the tomato appreciates by 20 well ... View the full answer