Business, 23.12.2021 19:10, bandnerd1

On 5 June, Aya exchanged 2560 CAD for Hong Kong dollars (HKD) using the exchange rate 1 CAD = 5.82 HKD. Because of a change in her plans, she later cancelled her trip to

Hong Kong and changed all of the Hong Kong dollars she had back to Canadian dollars

using the exchange rate 1 CAD = 5.75 HKD. Did she lose any money because of the

different exchange rate? Explain.

Answers: 3

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On 5 June, Aya exchanged 2560 CAD for Hong Kong dollars (HKD) using the exchange rate 1 CAD = 5.82...