Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 20, 2024

Samantha found US$130 in his attic and sold it to a bank that charged him a commission of 0.60%. How much did he receive from

image text in transcribed

Samantha found US\$130 in his attic and sold it to a bank that charged him a commission of 0.60%. How much did he receive from the bank? Assume that the exchange rate was C$1= US $0.73. Round to the nearest cent

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Banker To The World

Authors: William Rhodes

1st Edition

0071704256, 978-0071704250

More Books

Students also viewed these Finance questions

Question

★★★★★

If the goal of survival refers to ability to maintain a specific legal form, what are the comparative advantages of sole proprietorships, partnerships, and corporations?

Answered: 1 week ago

Question

★★★★★

An agreement stipulates payments of $4000, $2500, and $5000 in three, six, and nine months, respectively, from today. What is the highest price an investor will offer today to purchase the agreement...

Answered: 1 week ago

Question

★★★★★

Sophie was sick of her daily commute. Why, she thought should I have to spend so much time in a morning stuck in traffic listening to some babbling halfwit on the radio? We can work flexi-time after...

Answered: 1 week ago

Question

★★★★★

A feed supply company has developed a special feed supplement to see if it will promote weight gain in livestock. Their researchers report that the 77 cows studied gained an average of 56 pounds and...

Answered: 1 week ago

Question

★★★★★

Assume the real yield curve for bonds of a particular credit quality is flat at 15% per annum and the expected inflation rate for all maturities is also the same at 10% per annum. What is the current...

Answered: 1 week ago

Question

★★★★★

Soda is sold in 12 FL Oz. cans. You go to a factory and are given 10 randomly selected soda cans from the line. You go home and measure how much liquid is in each can. Here are the ounces in each...

Answered: 1 week ago

Question

★★★★★

Use the definition of hyperinflation. Based on the Visual Capitalist publication , did any country experience hyperinflation in 2022? Mapped: Which Countries Have the Highest Inflation?...

Answered: 1 week ago

Question

★★★★★

Lativia\'s Lattes finds that it can sell $ 5 , 0 0 0 worth of 1 6 - ounce lattes when its price is $ 4 per unit and $ 5 , 0 0 0 worth of it when its price is $ 5 , then

Answered: 1 week ago

Question

★★★★★

For a particular product, company A has a 5 day lead time and company B has a 3 day leadtime. Both use the order up to model to decide order quantities for replenishments, which they both do on a...

Answered: 1 week ago

Question

★★★★★

J. How accurate was the estimate for actual overhead for the period? Was overhead over- or under-applied for the period? Review the formula used in question A. Do differences in actual or applied...

Answered: 1 week ago

Question

★★★★★

Amberjack Company is trying to decide on an allocation base to use to assign manufacturing overhead to jobs. The company has always used direct labor hours to assign manufacturing overhead to...

Answered: 1 week ago

Question

★★★★★

Have you ever ignored what someone said because the persons nonverbal behavior seemed to contradict the verbal message? Were you able to determine if the nonverbal communication was accurate?

Answered: 1 week ago

Question

★★★★★

C Do you believe that uniforms reduce stereotyping by class and status in society? Explain your answer.

Answered: 1 week ago

Question

★★★★★

A What other items, besides clothing, nonverbally communicate information about a high school student?

Answered: 1 week ago

Previous Question Next Question