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OpenStudy (anonymous):
Sampson is a New Zealand exchange student in China, and he currently has 18,000 yuan in his bank account. If the exchange rate changes from 1 New Zealand dollar = 4.75 Chinese yuan to 1 New Zealand dollar = 4.89 Chinese yuan, what happens to the value in New Zealand dollars of the money in Sampson's bank account?
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OpenStudy (anonymous):
Answer: Decreases by $108.49
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