Question 14 • Financial Math
After the 1.5% fee, Raina receives 98.5% of the francs converted. If she exchanges x USD, she receives 0.90 × 0.985 × x CHF. Solving 0.90 × 0.985 × x = 270 gives x ≈ 304.57 USD, so the correct choice is 304.57 USD.
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