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bank in Toronto charges 2 . 5 0 % commission to buy and sell currencies. Assume that the current exchange rate is US$ 1 =

bank in Toronto charges 2.50% commission to buy and sell currencies. Assume that the current exchange rate is US$1= C$1.3403.
a. How many Canadian dollars will you have to pay to purchase US$1,465?
b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction?

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