A bank in Calgary, Alberta has a buying rate of 1 C$0.011924. If the exchange rate is
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A bank in Calgary, Alberta has a buying rate of 1 C$0.011924. If the exchange rate is 1 = C$0.0123, calculate the rate of commission that the bank charges to buy currencies.
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Related Book For 
Mathematics Of Business And Finance
ISBN: 9781927737545
4th Edition
Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans
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