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  3. suppose it costs 36350 canadian to purchase 35000 us a...

Question: suppose it costs 36350 canadian to purchase 35000 us a...

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Suppose it costs $363.50 Canadian to purchase $350.00 U.S.
a) What is the exchange rate?
b) At this exchange rate, how many U.S. dollars will you receive if you convert $925
Canadian into U.S. dollars?

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