The fee for a balance transfer is 2% of the amount of the transfer. If b represents the amount of the balance transfer and ƒ represents the amount of the fee, which of the following equations represents the relationship between b and ƒ?

b = 0.2ƒ

ƒ = 0.02b

b = 0.2 + ƒ

ƒ = b + 2

Question

Mathematics

Marissa Vaughan

31 May, 18:54

The fee for a balance transfer is 2% of the amount of the transfer. If b represents the amount of the balance transfer and ƒ represents the amount of the fee, which of the following equations represents the relationship between b and ƒ?

b = 0.2ƒ

ƒ = 0.02b

b = 0.2 + ƒ

ƒ = b + 2

+5

Answers (1)

Know the Answer?

Janessa Serrano · Answer 1

f=0.02b

Step-by-step explanation:

So we want to figure out the fee (f) therefore our answer will be in terms of f = (something). Now since the fee is 2% and 2% is decimals is 2:100=0.02 then:

f=0.02b

Meaning that the fee is 2% of the balance (b).

The fee for a balance transfer is 2% of the amount of the transfer. If b represents the amount of the balance transfer and ƒ represents the amount of the fee, which of the following equations represents the relationship between b and ƒ?b = 0.2ƒƒ = 0.02bb = 0.2 + ƒƒ = b + 2

The fee for a balance transfer is 2% of the amount of the transfer. If b represents the amount of the balance transfer and ƒ represents the amount of the fee, which of the following equations represents the relationship between b and ƒ?

b = 0.2ƒ

ƒ = 0.02b

b = 0.2 + ƒ

ƒ = b + 2