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

 

Answer rating: 100% (QA)

answer To calculate the total credit card transaction fees the store should expect to incur in April ... View the full answer