SOLUTION: You are taking a trip to Switzerland. You are at the bank exchanging $600 for Swiss francs. The exchange rate is 1.5 francs per dollar, and the bank charges a 1.5% fee to make the
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Question 206330This question is from textbook
: You are taking a trip to Switzerland. You are at the bank exchanging $600 for Swiss francs. The exchange rate is 1.5 francs per dollar, and the bank charges a 1.5% fee to make the exchange.
You brought $10 extra with you to pay the exchange fee. Do you have enough to pay the fee?
This question is from textbook
Answer by vleith(2983) (Show Source): You can put this solution on YOUR website!
You are being asked to see whether
Is it?
Yes it is.
But let me ask you this, if you had brought $700, would you have enough?
So I guess you would say 'no'. But you would be wrong. You still have the original $700 to draw from. So either where, you'll have enough :)
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