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Presented below are two independent situations. 1. 2. On March 15, 50 customers used debit cards to purchase merchandise for a total of $8,000.00
Presented below are two independent situations. 1. 2. On March 15, 50 customers used debit cards to purchase merchandise for a total of $8,000.00 from Pharoah. Pharoah pays a $1.24 debit card fee for each transaction. On June 21, Indigo Creations Gallery sells a painting to Dorothy Taylor for $2,600. Dorothy uses her Visa bank credit card to pay for the purchase. The bank charges Indigo Creations a 4.0% fee for all credit card transactions. On July 17, Dorothy receives her Visa bill and pays for this purchase.
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