A merchant pays a 3.5% fee to the Bank of Montreal on all MasterCard sales. a. What

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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 $17,564 for a month?
b. What were her gross sales for a month in which the bank charged to total fees of $732.88?

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Business Mathematics In Canada

ISBN: 978-0070009899

7th edition

Authors: Ernest Jerome

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Question Posted: Jan 20, 2016 06:55 AM

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A merchant pays a 3.5% fee to the Bank of Montreal on all MasterCard sales. a. What

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Business Mathematics In Canada

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