Esther purchased US$ 10,000 from a bank in the US, which charged her a commission of 0.80%,
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Esther purchased US$ 10,000 from a bank in the US, which charged her a commission of 0.80%, and sold the US dollars to a bank in Canada, which charged her a 0.25% commission. How much money did she lose or gain? Assume that the exchange rate was C$1 = US$0.7552.
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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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