Salem purchased a shirt for US$20 from the Niagara outlet mall in Buffalo on his...
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Accounting
Salem purchased a shirt for US$20 from the Niagara outlet mall in Buffalo on his credit card. The actual transaction on the statement shows a value of C$22.45. It also includes 2.5% commission. Calculate the exchange rate used by the bank on the statement to two decimal places.
Pls answer asap. Thanks
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