michellegregg10
michellegregg10
23.12.2019 • 
Mathematics

light, sweet crude oil in the world market is u.s. dollar denominated. the price of oil is rising partially because the dollar is not worth what it used to be (i.e., the dollar is now worth less than last year or last month). if the dollar today is worth 0.750.75 euros in europe (i.e., 1 euroequals=$1.3331.333 u. what is the nearest value in euros of $6969 u.s. per barrel oil?

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