A bank in Toronto charges 2.75% commission to buy and sell currencies. Assume that the current exchange rate is US$1 = C$1.3041. a. How many Canadian dollars will you have to pay to purchase US$1,470?   Round to the nearest cent b. How much commission in Canadian dollars (C$) will you pay the bank for the above transaction?   Round to the nearest cent

A manufacturing company has to produce and sell 228 items every month to break even. The company's fixed costs are $2,248.50 per month and variable costs are $11.00 per item.   a. What is the total revenue at the break-even point? Round to the nearest cent     b. What is the selling price per item? Round to the nearest cent.

You borrowed money and need to pay interest on the loan. You must pay 5% of the $6500 loan to remain in good standing with your bank. What amount will you pay?

You take out a $200 loan that charges 6.8% simple interest. How much will you owe, including interest, after 4 years? Round to 2 decimal places, if needed. Do NOT use the dollar sign in the answer box. You will owe $  Blank 1. Calculate the answer by read surrounding text.