The company that you work for is close to paying off a small…

The company that you work for is close to paying off a small fleet of delivery trucks that were purchased 3 years ago. The balance due 1 year from today is $50,000. If your company can earn 3 percent interest in a risk-free asset today, how much money is necessary to invest in the risk-free asset to pay off the truck?

The following chart depicts the price of the number of euros…

The following chart depicts the price of the number of euros (€) that could be purchased by one U.S. dollar ($) over the period covering the COVID-19 pandemic (roughly January 2020 through September 2022). Describe what is shown in terms of valuation of the currency and its effect on foreign goods and services. ​ ​ ​