Question: Based on the exchange rates in the table in Problem 20, how many fewer Canadian dollars will you receive if you convert 96 at ICE

Based on the exchange rates in the table in Problem 20, how many fewer Canadian dollars will you receive if you convert €96 at ICE instead of at the Royal Bank? On any currency exchange transaction, ICE applies a C$3.50 service charge.

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ICE will buy at C14394 per For 96 you will r... View full answer

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