A transaction is positive if there is a sale and negative when there is a return. Each time a customer uses credit card for a transaction, the credit company charges Isabel. The credit company charges 1.5% of each sale and a fee of 0.5 % for returns
Let x represent the amount of a transaction and let f(x) represent the amount Isabel is charged for the transaction. Write a function that expresses f(x)
Answer:
f(x)= 0.015(x)
f(x)= 0.005(x)
Explanation:
If Isabel makes a sale, she has a positive transaction and therefore is charged 1.5%(which is 0.015) by the credit company for the transaction. If the product is returned, it is a negative transaction and the credit company charges 0.5%(which is 0.005) for the transaction. The functions for positive and negative transactions would be different as indicated in the answer since transactions( given by x) are different- positive and negative.
The equation for this line would be y = -20x + 200. The y-intercept is 200 and represents the amount of money Mrs. Temps owes Mrs. Abruzzino in the beginning. The slope is -20 which represents how much Mrs. Temps pays back Mrs. Abruzzino each month. The x-axis should increase by 1 months.
