Vanessa went to Florida and purchased a laptop for US$920.00 by converting his Canadian money at...
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Vanessa went to Florida and purchased a laptop for US$920.00 by converting his Canadian money at an exchange rate of C$1 = US$0.9254. After a month, he returned to Vancouver but the exchange rate fluctuated and was C$1 = US$0.9329 on the day of his return. At the border, he paid customs duty of 11.00% and HST of 13.00% on the puchase price of the laptop, based on that day's exchange rate. Calculate the total amount he spent on the laptop in Canadian dollars. HST is charged on the price of the laptop after applying the duty. $0.00 Round to the nearest cent Vanessa went to Florida and purchased a laptop for US$920.00 by converting his Canadian money at an exchange rate of C$1 = US$0.9254. After a month, he returned to Vancouver but the exchange rate fluctuated and was C$1 = US$0.9329 on the day of his return. At the border, he paid customs duty of 11.00% and HST of 13.00% on the puchase price of the laptop, based on that day's exchange rate. Calculate the total amount he spent on the laptop in Canadian dollars. HST is charged on the price of the laptop after applying the duty. $0.00 Round to the nearest cent
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Related Book For
Fundamentals Of Business Mathematics In Canada
ISBN: 9781259370151
3rd Edition
Authors: F. Ernest Jerome, Jackie Shemko
Posted Date:
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