Question $3$ of $6$

A bank in Toronto charges $2\mathrm{.}75\%$ commission to buy and sell currencies. Assume that the current exchange rate is US$$1=C$$$1\mathrm{.}3755.$

a$.$ How many Canadian dollars will you have to pay to purchase US $$1,405?$

Round to the nearest cent

b$.$ How musch commission in Canadian dollars $($C$$)$ will you pay the bank for the above transaction?

Round to the nearest cent