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just olya [345]
2 years ago
5

harold bought a new jacket at the department store for $84.79 and charged it to his credit card. the credit card company charges

the department store a fee of 2.75% of the amount charged. how much will the credit card company pay to the department store?
Business
1 answer:
Dovator [93]2 years ago
6 0

The credit card company will pay an amount totaling to approximately $82.45 to the department store after deducting its fees of 2.75% of the transaction amount.

For the information provided above, the computation of the amount to be charged by the credit card company as its fees to the department store for a purchase of $84.79 will be calculated as below,

Credit Card Fees = Transaction Amount – Fees

Credit Card Fees = 84.79-2.75%

Credit Card Fees = 84.79 -2.34

Credit Card Fees = 82.45

Therefore, the credit card company will pay $82.45 to the department store.

Learn more about credit card fees here:

brainly.com/question/29060023

#SPJ4

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Explanation:

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