Tomiko is planning a trip from Japan to Canada and then to the United States. She intends to bring ¥300,000 and converting it to Canadian Dollars. She plans to spend approximately ¾ of her money in Canada and the remaining in the United States. Using the information from Table 3.2 and disregarding any commission, she should have approximately US621.46 remaining to spend in the US.
TABLE 3.2 Currency Cross Rates (noon, Toronto, October 30, 2015)
Source: Bank of Canada
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