Final answer:
To calculate the new amount after deducting a 3% fee and a $100 fee from the initial amount of $3,460, convert the percentage to decimal form, multiply it by the initial amount, and subtract the result from the initial amount. Then, subtract the $100 fee from the obtained value.
Step-by-step explanation:
To compute the new amount after deducting a 3% fee and a $100 fee from an initial amount of $3,460, we need to follow these steps:
- First, calculate the 3% fee by converting it to decimal form: 3% = 0.03.
- Multiply the initial amount by the 3% fee to find the amount deducted: $3,460 x 0.03 = $103.80.
- Subtract the 3% fee from the initial amount: $3,460 - $103.80 = $3,356.20.
- Next, subtract the $100 fee from the new amount: $3,356.20 - $100 = $3,256.20.
Therefore, the new amount, after deducting both fees, is $3,256.20.