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Home Q & A Board Science-Related Homework Help Mathematics
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Lada Lada
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6 years ago
Salem purchased a shirt for US$20 from the Niagara outlet mall in Buffalo on his credit card. The actual transaction on the statement shows a value of C$22.45. It also includes 2.5% commission. Calculate the exchange rate used by the bank on the statement?
A) US$1 = C$1.1225
B) C$1 = US$0.891
C) US$1 = C$1.0944
D) C$1 = US$0.9111
E) US$1 = C$1.0976
Textbook 
Contemporary Business Mathematics with Canadian Applications

Contemporary Business Mathematics with Canadian Applications


Edition: 11th
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6 years ago
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Lada Author
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6 years ago
You make an excellent tutor!
gage
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Thank you, thank you, thank you!
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Thanks
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