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Answer :
Tim paid a late fee of $40.53, which was calculated by taking 10 percent of the initial rental cost of $405.34.
To calculate the late fee Tim will pay on his car rental from Garys Rentals, we need to find 10 percent of the rental cost he incurred. The rental cost is $405.34, so we calculate the late fee by multiplying the cost by the percentage of the late fee, which is 10 percent (or 0.10 in decimal form).
Here's the calculation step by step:
Convert the percentage to a decimal: 10% = 0.10.
Multiply the rental cost by the decimal: $405.34 * 0.10 = $40.534.
Since we're dealing with currency, we round to the nearest cent, getting a late fee of $40.53.
Therefore, Tim paid $40.53 in late fees.
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Answer:
$40.53
Step-by-step explanation:
10% of 405.34 = 0.1 × 405.34 = 40.534