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An accountant for a corporation forgot to pay the firm's income tax of $725,958.34 on time. The government charged a penalty of 8.1% interest for
An accountant for a corporation forgot to pay the firm's income tax of
$725,958.34
on time. The government charged a penalty of
8.1%
interest for the
42
days the money was late. Find the total amount (tax and penalty) that was paid. Assume 365 days in a year.
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