Question

A meal program accepts online payments by way of credit card. For every payment processed, the meal program charges a 2% fee to the customer in addition to their payment amount.

The table below shows payment amounts and the appropriate fees charged.

Payment Amount $ $23.50 $64.00 $
Fee Charged $0.25 $ $ $1.64

Answer 1

There seems to be some information missing in the table, but based on the given information, we can figure out the fee charged for the missing payment amounts using the 2% fee rate.

To calculate the fee charged for a payment of $23.50, we can multiply the payment amount by 0.02 (2%).

Fee charged for $23.50 = $23.50 x 0.02 = $0.47

So, the correct value in the table for $23.50 payment should be $0.47.

To calculate the fee charged for a payment of $64.00, we can also multiply the payment amount by 0.02.

Fee charged for $64.00 = $64.00 x 0.02 = $1.28

So, the correct value in the table for $64.00 payment should be $1.28.

Therefore, the corrected table would be:

Payment Amount $23.50 $64.00
Fee Charged $0.47 $1.28