Question
Alex's property tax is $638.63 and is due April 10. He does not pay until June 3. The county adds a penalty of 9.4% simple
Alex's property tax is $638.63 and is due April 10. He does not pay until June 3. The county adds a penalty of 9.4% simple interest on unpaid tax. Find the penalty using exact interest.
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Step: 1
Penalty Principal x Rate x Time where Principal 6386...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
