The fee for a balance transfer is 3% of the amount of the transfer. If b represents the amount of the balance transfer ana
f represents the amount of the fee, which of the following equations represents the relationship between b and f?
o b=0.31
of = 0.03b
Ob=0.3.1
o
= 6+3

Respuesta :

f=0.03b represents the relationship between fee charged and amount of transfer.

Step-by-step explanation:

Given,

Amount of balance transfer = b

Fee charged on balance transfer = f = 3%

Amount of fee charged on balance transfer = 3% of amount of balance transfer

Amount of fee charged = [tex]\frac{3}{100}*b[/tex]

Amount of fee charged = 0.03b

Therefore,

f=0.03b

f=0.03b represents the relationship between fee charged and amount of transfer.

Keywords: percent, division

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Answer:

f=0.03b represents the relationship between fee charged and amount of transfer.

Step-by-step explanation: