A property manager charges = $59.
Rent is = 8% of rent.
Let us assume rent is = $ r per month.
Therefore, 8% of r would be 0.08 r.
Now, the total monthly fees charged by the property manager = Fix charge + 8% of rent.
Let us take total montly charge by T.
Therefore, we can setup an equation:
T = 59 + 0.08r.
Therefore, T = 59 + 0.08r is the equation to represent the total monthly fees charged by the property manager.