Whitneys mother sent him 45,000 as a graduation gift and he wanted to convert the Japanese yen
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Question:
Whitneys mother sent him 45,000 as a graduation gift and he wanted to convert the Japanese yen into Canadian dollars. If the bank was charging 0.87% commission, calculate how many Canadian dollars he received. Assume that the exchange rate was C$1 = 81.2626.
Answer: C$
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