Asked by Marina Aschilean on May 14, 2024

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If the C$ weakens (from the value C$1.0339 = US$1.00) by C$0.0033 relative to the US$, what will be the new value for US$ per C$1.00?

C$ Weakens

A situation in which the Canadian dollar decreases in value relative to other currencies.

US$ Per C$

The exchange rate that defines how much one Canadian dollar (C$) is worth in United States dollars (US$).

C$0.0033

A specific monetary value in Canadian dollars, equivalent to 0.33 cents.

  • Explore the effects of exchange rate fluctuations on the value of money.
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DM
Danny MendozaMay 19, 2024
Final Answer :
US$0.9641 per C$1.00