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Tim approaches Bank of Montreal to purchase US$ 1000. If C$1 = US$0.7495, and the bank charges a commission of 1.1%, how much in Canadian

Tim approaches Bank of Montreal to purchase US$ 1000. If C$1 = US$0.7495, and the bank charges a commission of 1.1%, how much in Canadian dollars would Tim have to pay for US $1000?

a

C$ 1334

b

C$ 1348.90

c

C$ 1335

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