Question
This week Jacques is out of town, and has access to cash advances only by non-ATM methods. For each non-ATM cash advance that he takes,
This week Jacques is out of town, and has access to cash advances only by non-ATM methods. For each non-ATM cash advance that he takes, he will be charged 2% of the amount of the advance, or a flat fee of $5, whichever is more.
Jacques took three cash advances during the week, each for $100. What is the total of his cash advances for that week? $
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What would the transaction fee be, based on percentage, for each cash advance? $
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What would the minimum transaction fee be for each cash advance? $
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Which transaction fee will be charged for each of Jacquess advances? $
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What will be the total of his transaction fees for the week? $
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If Jacques had taken just one cash advance for $300 at the beginning of the week, what would his transaction fee have been? $
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lower transaction fees by $
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