currency help?
exchanging $600 for swiss francs the xchange rate is 1.5 francs per dollar and the bank charges a 1.5% fee to make the xchange.
1. you brought $10 xtra to pay the xchange fee. do u have enough to pay the fee?
2. how much will u receivein swiss francs for your $600?
3. after your trip u have 321 swiss francs left. how much is this amount in dollars? assume that u use other money to pay the exchange fee.
$600 X 0.015 = $9.00. That would be the cost of the exchange.
So $600-$9=$591 of money that will be exchanged.
$591 *1.5 francs/$ = 886.50 francs
If you have 321 francs *$1.00/1.5 francs = $214.
1. Yes it is enough. it would be $9.
2. 886.50 francs
3. $214
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