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Prisha who lives in Vancouver, purchased a piece of equipment from Australia for A$49,180. She was charged 17% duty, 5% GST, and 7% PST to
Prisha who lives in Vancouver, purchased a piece of equipment from Australia for A$49,180. She was charged 17% duty, 5% GST, and 7% PST to import it. Calculate the total cost of the equipment. Assume that the exchange rate was C$1 = A$1.0237. Tax is charged on the price of the equipment after applying the duty. What was the total cost of the equipment? Round to the nearest cent
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Theoretical Foundations For Quantitative Finance
Authors: Luca Spadafora, Gennady P Berman
1st Edition
9813202475, 978-9813202474
