After deducting the processing fee from a $54.00 TASF, how much does the agent actually earn?

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Study for the Airlines Reporting Corporation (ARC) Test. Utilize flashcards and multiple choice questions with hints and explanations. Prepare for success!

Multiple Choice

After deducting the processing fee from a $54.00 TASF, how much does the agent actually earn?

Explanation:
When a Travel Agency Service Fee (TASF) is received, a processing fee is deducted as a percentage before the agent gets paid. Here, the processing fee is 3.5% of the TASF. So calculate 3.5% of $54.00: 54.00 × 0.035 = 1.89. Subtract that from the TASF: 54.00 − 1.89 = 52.11. Therefore, the agent actually earns $52.11.

When a Travel Agency Service Fee (TASF) is received, a processing fee is deducted as a percentage before the agent gets paid. Here, the processing fee is 3.5% of the TASF. So calculate 3.5% of $54.00: 54.00 × 0.035 = 1.89. Subtract that from the TASF: 54.00 − 1.89 = 52.11. Therefore, the agent actually earns $52.11.

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