Siddarth purchased a set of golf clubs from the US for US$900. He had to pay 18%

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Siddarth purchased a set of golf clubs from the US for US$900. He had to pay 18% customs duty and 13% HST to import it. Calculate the total cost of the clubs. If a similar set of clubs cost C$1300 plus 13% HST, was it cheaper for him to buy it from the US? Assume that the exchange rate was US$1 = C$1.3241.AppendixLO1

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Mathematics Of Business And Finance

ISBN: 9781927737545

4th Edition

Authors: Larry Daisley, Thambyrajah Kugathasan, Diane Huysmans

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