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You decide to go to a trip to Italy. The current exchange rate is 1 Euro = 1.4 CAD. Your bank offers you two
You decide to go to a trip to Italy. The current exchange rate is 1 Euro = 1.4 CAD. Your bank offers you two ways to pay. You can either pay a flat fee of $26.94 CAD at the ATM or pay a 4.67% charge on your visa. If you want to pay for your hotel bill of 257.89 Euros which one would you prefer to pay? Write the lowest of the two fees (in euros) in the answer box to the nearest Euro cent, with no unit (no $). Answer:
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Engineering Economy
Authors: Leland T. Blank, Anthony Tarquin
8th edition
73523439, 73523437, 978-0073523439
