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How many us dollars should you expect to receive

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Question - You just received a gift from a friend consisting of 6,000 Canadian dollars (CAD), which you would like to exchange for the US dollar. You observe that exchange rate quotes for the USD are currently RM4 per USD, while quotes for CAD are RM3.0 per CAD. How many US dollars should you expect to receive for your Canadian dollars?

Reference no: EM133173299

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