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
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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