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
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