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The local grocery store expects that customers will use credit cards to pay for a total of 5 0 , 0 0 0 sales transactions

 
The local grocery store expects that customers will use credit cards to pay for a total of 50,000 sales transactions during the month of April. These transactions are expected to amount to $6,000,000 in total sales revenue. The credit card issuers charge the store a transaction fee equal to $0.25 per transaction plus 2.5% of the amount charged. When budgeting for operating expenses in April, how much should the store expect to incur for credit card transaction fees?
 

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