1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Irina-Kira [14]
3 years ago
15

Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a

company that has a monthly sales volume of $50,000 delivered over 100 equal transactions. From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge?
(A) $575

(B) $1200

(C) $1050

(D) $480

(E) $1237
Business
1 answer:
yulyashka [42]3 years ago
8 0

Full question(find attached) :

Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions.

From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge?

A) $575

B) $1200

C) $1050

D) $480

E) $1237

Answer and Explanation:

Credit card processing firms charge an average of 3.5% and a flat fee of about 20 cents so we would make our comparison on this basis:

Since Faiz decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions

The customer would pay $50000/100= $500 per instalment

Given the information I'm the table from question Instant wallet charges 3.5% +$0.20 for transactions lower than $1500

= 0.035*$500+$0.20=17.5+0.20=$17.7

An average credit card processing firms would charge :

0.035*500+$0.35=17.5+0.35= $17.85

Therefore instant wallet is cheaper and would save a customer =$17.85-17.7= $0.15

You might be interested in
Productive resources are _____.
igomit [66]

factors that are used to make goods and services letter a

7 0
3 years ago
Read 2 more answers
If consumption expenditures are $500 million, net investment is $100 million, depreciation equals $5 million, imports are $50 mi
erik [133]
Your answer is........C) $830 million.
8 0
3 years ago
Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy g
Elanso [62]
Brandy has some money saved for college and also receives a work-study position to help pay for her college tuition. If Brandy graduates from college, she will not have to repay the work-study compensation because that income is not a loan.

Thus the answer is letter A.
<span>>>The work-study program caters part-time employment to undergraduates and graduates to help with college expenses. There are two different kinds of work-study: Federal Work-Study and non-Federal Work-Study.</span>
6 0
3 years ago
Activities of a central motor pool that provides and services vehicles for the use of municipal employees on official business s
Neko [114]

Answer:

c. Internal Service Fund

Explanation:

Internal Service Fund -

It refers to the sum of amount required to track the motion of any goods and services from one department to another , is referred to as internal service fund .

The amount spend on the internal service fund is used to determine the complete cost of providing the services and goods .

For example , maintenance is an example of the internal service fund .

Hence , from the given information of the question ,

The correct answer is c. Internal Service Fund .

4 0
3 years ago
10) A worker performs a repetitive assembly task at a workbench to assemble products. Each product consists of 25 components. Va
erik [133]

Answer:

a.9.313hr

b.116.4%

c.104.0%

Explanation:

(a) Hstd= 75(7.45)/60 = 558.75/60 = 9.313 hr

(b) Ew= 9.313/8.0 = 1.164 = 116.4%

(c) Time worked = 480 – 13 = 467 min

Tc= (467 min)/(75 pc) = 6.227 min/pc

Tn= 7.45/(1 + 0.15) = 6.478 min/pc

Pw= 6.478/6.227 = 1.040 = 104.0%

6 0
3 years ago
Other questions:
  • John clark works as a land buyer for a city government. after negotiating the purchase of a parcel of land to be used for a new
    9·1 answer
  • Bonds Payable has a balance of $1,000,000 and Discount on Bonds Payable has a balance of $10,000. If the issuing corporation red
    15·2 answers
  • A certain firm believes in providing its employees the best facilities. It decides to serve imported and expensive Colombian cof
    5·1 answer
  • What elements should be included in a professional email?
    5·2 answers
  • What is my name and who knows it
    8·2 answers
  • The constraint at Johngrass Corporation is time on a particular machine. The company makes three products that use this machine.
    13·1 answer
  • Grandiose Growth has a dividend growth rate of 20%. The discount rate is 15%. The end-of-year dividend will be $3 per share. Wha
    10·1 answer
  • Wallace's Wrench Company manufactures socket wrenches.
    13·1 answer
  • The most common type of two-year college is called a(n):
    10·1 answer
  • If the economy goes into a recession and incomes fall, what happens in the markets for inferior goods?.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!