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A bank in London, Ontario charges 1.50% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3847. a. How
A bank in London, Ontario charges 1.50% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3847. a. How many Canadian dollars will you receive from the bank if you sell US$1,310? Round to the nearest cent b. How much commission will you pay the bank for this transaction? Round to the nearest cent
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