Which of the following statements give a valid reason why the currency exchange you plan ahead of time might not be wholly accurate?

i. currency exchange rates fluctuate, so the actual rates could be different from the planned rates.
ii. many currency exchange services charge a fee or surcharge, which differs from service to service.
iii. taxes in different countries may cause the amount of money you actually receive to change.
a.
i and ii
b.
ii and iii
c.
iii only
d.
i, ii, and iii

The answer is (a) I and II.

Step-by-step explanation:  We are given to select which one of the given four options give a valid reason why the currency exchange you plan ahead of time might not be wholly accurate.

Statement I is correct, because Currency exchange rates remain fluctuating and so the actual rates we get afterwards may be different from the planned rates.

Statement II is also correct, because most of the currency exchange services charge a fee or surcharge that differs from service to service. So, this may also affect our calculations.

Statement III is not correct, because the amount of money we actually receive will not depend on the taxes in other countries.

Thus, the correct option is (a) I and II.

The answer is (a) I and II.

Step-by-step explanation:  We are given to select which one of the given four options give a valid reason why the currency exchange you plan ahead of time might not be wholly accurate.

Statement I is correct, because Currency exchange rates remain fluctuating and so the actual rates we get afterwards may be different from the planned rates.

Statement II is also correct, because most of the currency exchange services charge a fee or surcharge that differs from service to service. So, this may also affect our calculations.

Statement III is not correct, because the amount of money we actually receive will not depend on the taxes in other countries.

Thus, the correct option is (a) I and II.

m a t h w a y. c o m

step-by-step explanation:

10010010001010010101001001010010100101010010101010010010101010110010001011010010010001

step-by-step explanation: