Before boarding her flight to Zurich, Switzerland, Taylor purchased CHF950 from her bank when the exchange rate was C$1 = CHF0.971. However, Taylor had to cancel the trip. Taylor returned to the bank to convert the Swiss currency back into Canadian dollars. If the exchange rate changed to C$1 = CHFO.9833, how many Canadian dollars would Taylor have lost in these transactions? Assume the bank has a 1.20% commission on both the sale and the purchase of the funds. S0.00 Round to the nearest cent

Before boarding her flight to Zurich, Switzerland, Taylor purchased CHF950 from her bank when the exchange rate was C$1 = CHF0.971. However, Taylor had to cancel the trip. Taylor returned to the bank to convert the Swiss currency back into Canadian dollars. If the exchange rate changed to C$1 = CHFO.9833, how many Canadian dollars would Taylor have lost in these transactions? Assume the bank has a 1.20% commission on both the sale and the purchase of the funds. S0.00 Round to the nearest cent

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter2: Working With Real Numbers

Section2.3: Rules For Addition

Problem 8P

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