What is the total statutory license cost for a 7-minute song?

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Multiple Choice

What is the total statutory license cost for a 7-minute song?

Explanation:
Statutory license for mechanicals uses a base rate for the first five minutes and adds a per-minute amount for every minute (or fraction) beyond five. For a 7-minute song, there are 2 extra minutes beyond the initial five. The add-on rate in this item is 1.575 cents per extra minute. So the total is: 9.1 cents + (2 × 1.575 cents) = 9.1 + 3.15 = 12.25 cents, which equals $0.1225. That matches the given answer.

Statutory license for mechanicals uses a base rate for the first five minutes and adds a per-minute amount for every minute (or fraction) beyond five. For a 7-minute song, there are 2 extra minutes beyond the initial five. The add-on rate in this item is 1.575 cents per extra minute. So the total is: 9.1 cents + (2 × 1.575 cents) = 9.1 + 3.15 = 12.25 cents, which equals $0.1225. That matches the given answer.

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