SOLUTION: plzz help me to solve this
A merchant pays a 3.5% fee to the Bank of Montreal on all MasterCard sales.
a.
What amount will she pay on sales of $17,546 for a m
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Question 1016655: plzz help me to solve this
A merchant pays a 3.5% fee to the Bank of Montreal on all MasterCard sales.
a.
What amount will she pay on sales of $17,546 for a month? (Round your answer to 2 decimal places.)
Merchant fee $
b.
What were her gross sales for a month in which the bank charged total fees of $767.88? (Round your answer to 2 decimal places.)
Gross sales $
Answer by addingup(3677) (Show Source): You can put this solution on YOUR website!
17,546*0.035 = 614.11
767.88/0.035 = gross sales. Use your calculator.
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