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Exchange Rates

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Question 18

The exchange rate in Madrid is €1=$1.55€1 = {\char"24}1.55€1=$1.55 CAD. The exchange rate in Toronto is $1 {\char"24}1\,$1 CAD =€0.63= €0.63=€0.63. Sarah wants to change some euros into Canadian dollars. In which of these cities would Sarah get the most Canadian dollars? You must show your working.

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Exchange Rates Questions

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