Question

Can plz help me and show the working along with the answers
In July 1986, a Canadian tourist changed CAN $2500 of her Canadian Travellers’ cheques for Trinidad and Tobago currency. She was given the following information;

Canadian $1.00 =Trinidad and Tobago $2.73
12 cents on the dollar is charged for
Tax on all foreign transactions
Calculate Trinidad and Tobago currency,
i) the value of CAN $2500
ii) the amount of money the Canadian tourist received from the bank after paying taxes

Answer 1

Answer:

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