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The local grocery store expects that customers will use credit cards to pay for a total of 70.000 sales transactions during the month of April.

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The local grocery store expects that customers will use credit cards to pay for a total of 70.000 sales transactions during the month of April. These transactions are expected to amount to 55 000 000 in total sales revenue The credit card issuers change the store a transaction fee equal to 50 40 per transaction plus 1.5% of the amount charged When budgeting for operating expenses in April, how much should the store expect to incur for credit card transaction fees? The store should anticipates for credit card transaction fees

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