You Can Buy Euros at a Currency Exchange Store or at the Airport

Multiple Choice

You can buy euros at a currency exchange store or at the airport. If you want to buy €250, would it be better to pay a 1% transaction fee or a flat service charge of $10.00? Use C$1.00 = €0.7448 as the exchange rate.

A) 1% transaction fee is more expensive by $6.64
B) 1% transaction fee is less expensive by $6.64
C) flat service charge is less expensive by $6.64
D) flat service charge is more expensive by $6.64
E) no difference in fee