interview type math question

jacky123

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Joined
Mar 31, 2022
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I want to calculate how much money the bank would lose when a fraud occurs with each of these vendors. Here is the dataset. I am struggling and will greatly appreciate any help.

VendorsCost per cardReissue CostFraud incident cost (per incident)Fraud rate per 1000 transactions
Helcim
$0.0014​
$20​
$350.00​
0.4​
PayPal
$0.0251​
$25​
$150.00​
0.5​
National Processing.
$0.0145​
$22​
$320.00​
0.3​
Square
$0.0363​
$30​
$120.00​
0.4​
Stripe
$0.0251​
$25​
$220.00​
0.1​
 
 
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