Many bank credit card issuers charge a transaction fee for non-ATM cash advances. Lucia has a bank credit card. If she takes a non-ATM cash advance, the bank will charge her 2% of the amount of the advance, or a flat fee of $5, whichever is more. Lucia needs to obtain a non-ATM cash advance of $350.

What is her transaction fee? $

This week Lucia is out of town, and has access to cash advances only by non-ATM methods. For each non-ATM cash advance that she takes, she will be charged 2% of the amount of the advance, or a flat fee of $5, whichever is more.

Lucia took two cash advances during the week, each for $175. What is the total of her cash advances for that week? $What would the transaction fee be, based on percentage, for each cash advance? $What would the minimum transaction fee be for each cash advance? $Which transaction fee will be charged for each of Lucia's advances? $What will be the total of her transaction fees for the week? $If Lucia had taken just one cash advance for $350 at the beginning of the week, what would her transaction fee have been? $ lower transaction fees by $.