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

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Prepare for the Airlines Reporting Corporation (ARC) Specialist Exam with flashcards and multiple choice questions. Each question is accompanied by hints and detailed explanations to help you excel in your exam preparation!

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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