Question: Based on the exchange rates in the table in Problem 20, how many more British pounds can you obtain with C$2000 at the Royal Bank

Based on the exchange rates in the table in Problem 20, how many more British pounds can you obtain with C$2000 at the Royal Bank than at ICE? On any currency exchange transaction, ICE applies a C$3.50 service charge.

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The Royal Bank will sell at C18481 per For C2000 ... View full answer

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