Question

When a student so than Xbox on eBay for $157, she was charged a two-part final value fee: 5.05% of the first $35 of the selling price plus 3.05% of the remainder of the selling price over $35. Find the fee to sell the Xbox on EBay.

Answer 1

0.0505(35) = 1.7675...rounds to 1.77

157 - 35 = 122

0.0305(122) = 3.721...rounds to 3.72

the fee is : 1.77 + 3.72 = $5.49