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Kevin lives in Calgary and wants to buy a 2 0 1 6 Corvette. The best price he can find for a low - mileage
Kevin lives in Calgary and wants to buy a Corvette. The best price he can find for a lowmileage model in Alberta is $No GST would be payable on this private sale. Through autotrader.com he tracked down a comparable car in California that he can purchase for US$ To bring the car into Canada, he will have to pay GST on the purchase price at Canada Customs. Additional costs will be C$ for airfare to San Diego, US$ in special transaction and documentation costs, and US$ in travel and accommodation costs while driving the vehicle back to Calgary.
Table Currency Cross Rates Noon ET December
Per C$ Per US$ Per Per Per Per Per A$
Canadian dollar C$
US dollar US$
Euro
Japanese yen
British pound
Indian rupee
Australian dollar A$
How much will he save in C$ by buying the Corvette in California? Do not round your intermediate calculations. Round your answer to two decimal places.
Savings C$
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