Question

A store pays two fees when a customer uses a credit card to make a purchase. These fees include:

A flat fee of $0.15
A processing fee equal to 1.75% of the dollar amount of the purchase.
There is no sales tax on the purchase.
Part A
What is the amount, in dollars and cents, the store pays in fees for a $60.00 purchase by a customer using a credit card?

Answer 1

So the amount to pay is $1 and 20 cents ( or a total of 120 cents)

Explanation: