Answered

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Shelley is visiting from London and uses her ATM card to withdraw $200 at local bank B. If local bank B charges $4 for ATM fees per foreign transaction plus 3% of the withdrawal, how much would she own in fees for what transaction? Round to the nearest dollar amount, such as: $6


$5

$4

$10

$7

Sagot :

Answer:

Transaction Fee =  $10

Step-by-step explanation:

Transaction fee = $4 for ATM fees per foreign transaction + 3% of the withdrawal

Withdrawal = $200

3% of the withdrawal = 3/100    *   $200 = $6

Transaction Fee =  $4  +  $6 =  $10

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