Solved

The Party Store Is Considering Accepting Credit Cards as Payment

Question 39

Short Answer

The Party Store is considering accepting credit cards as payment from customers. The credit card companies charge a 3.5% fee on sales. Charge sales for the year are estimated to be $78,000. What would be the actual amount that The Party Store would deposit in its bank account?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents