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Presented below are three independent situations. 1. 2. 3. On March 15, 40 customers used debit cards to purchase merchandise for a total of
Presented below are three independent situations. 1. 2. 3. On March 15, 40 customers used debit cards to purchase merchandise for a total of $9,200 from Wildhorse Town. Wildhorse Town pays a $1.40 debit card fee for each transaction. On June 21, Swifty Creations Gallery sells a painting to Constance Furrow for $2,300. Constance uses her Visa bank credit card to pay for the purchase. The bank charges Swifty Creations a 3% fee for all credit card transactions. On July 17, Constance receives her Visa bill and pays for this purchase. On October 7, A. Ramos uses his store credit card to purchase merchandise from The Windsor for $670. On November 10, Ramos receives his credit card bill from The Windsor and pays for this purchase.
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