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jeka57 [31]
3 years ago
15

A credit card company charges a 3.5% transfer fee to transfer a balance to a new account. What would the transfer fee be for a b

alance transfer of $7,500?
Mathematics
1 answer:
meriva3 years ago
6 0

Answer:

$262.5

Step-by-step explanation:

We are told that:

A credit card company charges a 3.5% transfer fee to transfer a balance to a new account.

The transfer fee be for a balance transfer of $7,500 is calculated as:

3.5% × $7500

= 3.5/100 × $7500

= $262.5

The transfer fee for a balance transfer of $7500 is $262.5

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