Mathematics, 24.11.2021 14:00 RDS468

A bank gives two dollars and seventy-five cents Eastern Caribbean currency (EC $2.75) for one United States dollar (US $1.00). Given that 1% tax is charged on all foreign exchange transactions, calculate the amount, in E. C. currency, which a tourist receives in exchange for US $1 200. 00

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A bank gives two dollars and seventy-five cents Eastern Caribbean currency (EC $2.75) for one United...

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