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An accountant for a corporation forgot to pay the firm s income tax of 725 757 78 on time charged a penalty of 7 6

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An accountant for a corporation forgot to pay the firm s income tax of 725 757 78 on time charged a penalty of 7 6 interest for the 45 days the money was late Find the total amount tax and penalty that was paid Assume 365 days in a year The total amount paid was Round to the nearest cent as needed

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