If Delia's Cafe receives $100 USD with a processing fee of 2.9% + 30 cents, what will they receive in their bank account?

To calculate the amount Delia's Cafe will receive after processing fees, you need to first determine the total fee applied to the transaction. For a payment of $100 USD, the processing fee is composed of a percentage and a fixed fee.

The percentage fee is 2.9% of the transaction amount. Calculating this gives:

• Percentage Fee: $100 * 0.029 = $2.90

Next, the fixed fee is $0.30.

Now, adding these two fees together provides the total processing fee:

• Total Fee = Percentage Fee + Fixed Fee = $2.90 + $0.30 = $3.20

To find the net amount Delia’s Cafe receives, subtract the total fee from the original amount received:

• Amount Received = Original Amount - Total Fee = $100 - $3.20 = $96.80

Thus, Delia's Cafe will receive $96.80 in their bank account.