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Principles of Finance

Problems

Principles of FinanceProblems
1 .
You are planning a budget for an upcoming trip to Japan. Your hotel will cost 12,000 yen per night, and you will stay in the hotel for six nights. If the current exchange rate is YEN 98 = USD 1 , how much will the hotel stay cost you in US dollars?
2 .
Visit the Federal Reserve Bank of St. Louis’s FRED site. Create a graph that plots the unemployment rate for men and the unemployment rate for women since 1948. Turn recession shading on so that you can tell when recession occurred. Are there any patterns that you detect when looking at your chart?
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