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? *
To calculate the fee amount that will be applied to your bill, you need to find the 6% of the transaction amount.
1. First, convert the percentage to a decimal by dividing it by 100: 6% / 100 = 0.06.
2. Next, multiply the transaction amount by the decimal representation of the fee: $4.80 * 0.06 = $0.288.
Therefore, the fee amount that will be applied to your bill for purchasing coffee worth $4.80 is $0.288.