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Many bank credit card issuers charge a transaction fee for non-ATM cash advances. Cho has a bank credit card. If she takes a non-ATM cash

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Many bank credit card issuers charge a transaction fee for non-ATM cash advances. Cho 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. Cho needs to obtain a non-ATM cash advance of $50. What is her transaction fee? $ 0 This week Cho 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. Cho took five cash advances during the week, each for $10. 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? S Which transaction fee will be charged for each of Cho's advances? What will be the total of her transaction fees for the week? S If Cho had taken just one cash advance for $50 at the beginning of the week, what would her transaction fee have been? $ lower transaction fees by $

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