Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN: 9780998625720
Author: Lynn Marecek
Publisher: OpenStax College
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Question
A bank in Mississauga has a buying rate of ¥1 = C$0.01054. If the exchange rate is ¥1 = C$0.01074, calculate the rate of commission that the bank charges to buy currencies.
%
Round to two decimal places
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