The current statutory license rate for a song over five minutes is calculated at the rate of $0.0175 per minute.

The current statutory license rate for a song over five minutes is calculated at the rate of $0.0175 per minute.

• A. $0.0175 per minute
• B. $0.02 per minute
• C. $0.015 per minute
• D. $0.017 per minute

Answer: (A)

The key idea is that for songs longer than five minutes, royalties under the statutory license are computed using a fixed per‑minute rate. That rate is 0.0175 dollars per minute, so the total due is the song’s length in minutes multiplied by 0.0175. For example, a six‑minute track would owe 6 × 0.0175 = 0.105 dollars. The other numbers are just rounding or approximate values, not the exact statutory figure, so the precise rate used here is 0.0175 dollars per minute.

The key idea is that for songs longer than five minutes, royalties under the statutory license are computed using a fixed per‑minute rate. That rate is 0.0175 dollars per minute, so the total due is the song’s length in minutes multiplied by 0.0175. For example, a six‑minute track would owe 6 × 0.0175 = 0.105 dollars. The other numbers are just rounding or approximate values, not the exact statutory figure, so the precise rate used here is 0.0175 dollars per minute.