When you use a credit​ card, the credit card company charges a fee to the​ merchant, which ranges from 2% - 4% on your purchase. Suppose you bought a​ high-definition TV for $410 and asked if the seller would give you a discount for paying cash. What might be a reasonable​ discount?   A reasonable discount would be in the range of $___ - $____

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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When you use a credit​ card, the credit card company charges a fee to the​ merchant, which ranges from 2% - 4% on your purchase. Suppose you bought a​ high-definition TV for $410 and asked if the seller would give you a discount for paying cash. What might be a reasonable​ discount?

 

A reasonable discount would be in the range of $___ - $____

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