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What will be the change in the value of a machine

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Problem 1: Suppose the exchange rate changes from C$1 = A$0.9764 to C$1 = A$1.1401; what will be the change in the value of a machine in Australian dollars if it cost C$2,600?

Problem 2: An appliance store sells items with a markup of 15% on selling price. Calculate the cost if the selling price of a refrigerator is $1,250.

Reference no: EM132965935

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