Answer :

ANSWER:

1.3 Canadian dollars.

STEP-BY-STEP EXPLANATION:

We can calculate the equivalence of a Canadian dollar, through the following proportion:

[tex]\frac{300}{230.05}=\frac{x}{1}[/tex]

We solve for x:

[tex]\begin{gathered} x=\frac{300}{230.05} \\ x\approx1.3 \end{gathered}[/tex]

Which means that $1 is approximately equal to 1.3 Canadian dollars.

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