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A bank in London, Ontario charges 2 . 7 5 % commission to buy and sell currencies. Assume that the current exchange rate is US$

A bank in London, Ontario charges 2.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1= C$1.3557.
a. How many Canadian dollars will you receive from the bank if you sell US$1,385?How much commission will you pay the bank for this transaction?

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