You decide to go to a trip to Italy. The current exchange rate is 1 Euro...
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You decide to go to a trip to Italy. The current exchange rate is 1 Euro = 1.4 CAD. Your bank offers you two ways to pay. You can either pay a flat fee of $26.94 CAD at the ATM or pay a 4.67% charge on your visa. If you want to pay for your hotel bill of 257.89 Euros which one would you prefer to pay? Write the lowest of the two fees (in euros) in the answer box to the nearest Euro cent, with no unit (no $). Answer: You decide to go to a trip to Italy. The current exchange rate is 1 Euro = 1.4 CAD. Your bank offers you two ways to pay. You can either pay a flat fee of $26.94 CAD at the ATM or pay a 4.67% charge on your visa. If you want to pay for your hotel bill of 257.89 Euros which one would you prefer to pay? Write the lowest of the two fees (in euros) in the answer box to the nearest Euro cent, with no unit (no $). Answer:
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The hotel bill costs 25789 Euro ATM charges2694 CAD269... View the full answer
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