Question

Each of the following bills is late. Which of the following situaltions charges a fee that is greater that 5%? Choose all that apply

A.a $150 bill totals $154.50 with fee.
B A $40 bill totals $41.60 with fee.
C.A $120 bill totals $133.00 with fee
D A $220 bill totals $237.60 with fee
E A $410 bill totals $418.20 with fee

Answer 1

Choices C. and D.

Reason:
A. 150 • 5 = 750 750/100 = 7.5
150 + 7.5 = 157.5
157.5 > 154.50, so 154.50’s fee is less than 5%.

B. 40 • 5 = 200 200/100 = 2
40 + 2 = 42
42 > 41.60, so 41.60’s fee is less than 5%.

C. 120 • 5 = 600 600/100 = 6
120 + 6 = 126
126 < 133, so 133’s fee is more than 5%.

D. 220 • 5 = 1100 1100/100 = 11
220 + 11 = 231
231 < 237.60, so 237.60’s fee is more than 5%.

E. 410 • 5 = 2050 2050/100 = 20.50
410 + 20.50 = 430.50
430.50 > 418.20, so 418.20’s fee is less than 5%

Answer 2

The answer is A and C


Because a and c have late fees that are greater than 5%


( hope this helps )