A bank in Toronto charges 2.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3041. a. How many Canadian dollars will you have to pay to purchase US$1,470? Round to the nearest cent b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction? Round to the nearest cent
A bank in Toronto charges 2.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3041. a. How many Canadian dollars will you have to pay to purchase US$1,470? Round to the nearest cent b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction? Round to the nearest cent
Chapter5: Decimals
Section5.6: Ratios And Rate
Problem 482E: The average American produces about 1,600 pounds of paper trash per year (365 days). How many pounds...
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A bank in Toronto charges 2.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3041.
a. How many Canadian dollars will you have to pay to purchase US$1,470?
Round to the nearest cent
b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction?
Round to the nearest cent
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