Question

4. A credit card company applies a 6% fee on all transactions under $10. You purchased coffee for $4.80. What fee amount will be applied to your bill? *

Answer 1

The fee amount applied to my bill will be $0.288 or 28.8 cents.

Explanation:

The coffee cost under $10; therefore, a 6% fee will be applied.

6% of $4.8 is

`(6\%)/(100\%) * \$ 4.80`

`0.06*\$4.80 = \$0.288.`

Thus, the fee amount applied to my bill will be $0.288 or 28.8 cents.