Question: Intromath lab test Lab #8 Close Date: Mon, Apr 4, 2022, 09:29 AM Question 3 of 6 A bank in London, Ontario charges 1.75% commission

Intromath lab test

Lab #8 Close Date: Mon, Apr 4, 2022, 09:29 AM Question 3 of 6 A bank in London, Ontario charges 1.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3879. a. How many Canadian dollars will you receive from the bank if you sell US$1,310? Round to the nearest cent b. How much commission will you pay the bank for this transaction? Round to the nearest cent

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