Question

The local grocery store expects that customers will use credit cards to pay for a total of 110 comma 000 sales transactions during the month of april. these transactions are expected to amount to $ 5 comma 000 comma 000 in total sales revenue. the credit card issuers charge the store a transaction fee equal to $ 0.35 per transaction plus 3​% of the amount charged. when budgeting for operating expenses in​ april, how much should the store expect to incur for credit card transaction​ fees?

Answer 1

Try to calculate the total of April