Nancy goes on a globetrotting escapade, from Vancouver to New York to Paris. She begins with C$3,000 and converts it to US$. She spends half of her converted US$ in the New York and the rest she converts to Euros. Using the information from Table 3.2 and disregarding any commission, she should have approximately €1,038.29 remaining.
TABLE 3.2 Currency Cross Rates (noon, Toronto, October 30, 2015)
Source: Bank of Canada
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