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7. A bank of Calgary has the following buy and sell rates against Canadian dollars: Country Currency name Buy Rate Sell Rate Brazil (0) Calculate

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7. A bank of Calgary has the following buy and sell rates against Canadian dollars: Country Currency name Buy Rate Sell Rate Brazil (0) Calculate the cost of purchasing 500 Brazilian reals based on the exchange rate (ii) Calculate the bank's commission amount in CAD and their rate of commission (%) to reals 0.3615 0.4290 R$1-C$0.3927. sell 500 Brazilian reals

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