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A specific model of computer servers are being sold by Company A for $26,800 each, offering trade discounts of 7% and 5% and by Company
A specific model of computer servers are being sold by Company A for $26,800 each, offering trade discounts of 7% and 5% and by Company B for $35,800 each, offering trade discount rates of 12% and 2%. a. Which company offers the servers for a cheaper price? OB b. What further trade discount rate must the company with the higher price provide to match the lower price? 0.00 % Round to two decimal places A bank in London, Ontario charges 2.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3631. a. How many Canadian dollars will you receive from the bank if you sell US$1,315? $0.00 Round to the nearest cent b. How much commission will you pay the bank for this transaction? $0.00 Round to the nearest cent
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