The Current Exchange Rates Show That C$1

question 170

Multiple Choice

The current exchange rates show that C$1.00 = US$0.9672. If you have $500 Canadian dollars to exchange and the currency exchange store charges 2% on all transactions, how many US dollars will you be able to buy?

• A) US$506.62
• B) US$425.85
• C) US$473.93
• D) US$483.60
• E) US$586.82

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