A bank in London, Ontario charges 3.25% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3351. a. How many Canadian dollars will you receive from the bank if you sell US$1,370? Round to the nearest cent b. How much commission will you pay the bank for this transaction?
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- A bank in London, Ontario charges 2.50% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3599. a. How many Canadian dollars will you receive from the bank if you sell US$1,340? Round to the nearest cent b. How much commission will you pay the bank for this transaction? Round to the nearest centA bank in London, Ontario charges 1.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3379. a. How many Canadian dollars will you receive from the bank if you sell US$1,325? $0.00 X Round to the nearest cent b. How much commission will you pay the bank for this transaction? Round to the nearest centA bank in Toronto charges 2.3% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.1152. a. How many Canadian dollars will you have to pay to purchase US$4,000? b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction?
- A bank in Toronto charges 3.25% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3533. a. How many Canadian dollars will you have to pay to purchase US$1,405? Round to the nearest cent b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction? 2. Skis are listed by a manufacturer for $850, less trade discounts of 30% and 18%. What further rate of discount should be given to bring the net price to $443?A bank in Toronto charges 3.25% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3211. a. How many Canadian dollars will you have to pay to purchase US$1,460? Round to the nearest cent b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction? Round to the nearest centA bank in Toronto charges 2.00% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3283. %3D a. How many Canadian dollars will you have to pay to purchase US$1,455? Round to the nearest cent b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction?
- A bank in London, Ontario charges 3.25% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3015. a. How many Canadian dollars will you receive from the bank if you sell US$1,320? Round to the nearest cent b. How much commission will you pay the bank for this transaction? Round to the nearest cent SAVE PROGRESS 4°C hp f12 f10 f8 f9 144 10A bank in Mississauga has a buying rate of ¥1 = C$0.01205. If the exchange rate is ¥1 = C$0.01255, calculate the rate of commission that the bank charges to buy currencies. % Round to two decimal places1. Emily found US$100 in his attic and sold it to a bank that charged him a commission of 0.60%. How much did he receive from the bank? Assume that the exchange rate was C$1 = US$0.77. 2. A bank in Toronto charges 3.25% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3533. a. How many Canadian dollars will you have to pay to purchase US$1,405? Round to the nearest cent b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction? 3. Skis are listed by a manufacturer for $850, less trade discounts of 30% and 18%. What further rate of discount should be given to bring the net price to $443?
- 1 A bank in London, Ontario has a buying rate of CHF 1 = C$1.3491. If the exchange rate is CHF 1 = C$1.3785, calculate the rate of commission that the bank charges. 2 Jonathan found US$130 in his attic and sold it to a bank that charged him a commission of 0.35%. How much did he receive from the bank? Assume that the exchange rate was C$1 = US$0.75.A bank in Mississauga has a buying rate of ¥1 = C$0.01297. If the exchange rate is ¥1 = C$0.01317, calculate the rate of commission that the bank charges to buy currencies. 0.00 %A bank in London, Ontario has a buying rate of CHF 1 = C$1.3547. If the exchange rate is CHF 1 = C$1.3841, calculate the rate of commission that the bank charges.