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XYZ Corporation receives an invoice from a supplier in Canada for 1 , 0 0 0 , 0 0 0 Canadian dollars ( CAD )

XYZ Corporation receives an invoice from a supplier in Canada for 1,000,000 Canadian dollars (CAD). The exchange rate between the Canadian dollar (CAD) and the US dollar (USD) is 1 CAD =0.77 USD. However, XYZ Corporation can take advantage of a 3% early payment discount if they pay within five days. How much does XYZ Corporation need to pay in US dollars after applying the early payment discount?Corporation exchanges Japanese yen (JPY) into US dollars. They exchange 50,000,000 JPY into USD. The exchange rate between the Japanese yen (JPY) and the US dollar (USD) is 1 JPY =0.0082 USD. However, XYZ Corporation incurs a currency exchange fee of 1.5% on the transaction. How much will XYZ Corporation receive in US dollars after deducting the currency exchange fee?

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