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Deep's property tax is $ 695.11 and is due April 15 . He does not pay until July6 . The county adds a penalty of
Deep's property tax is $695.11 and is due April 15. He does not pay until July6. The county adds a penalty of 7.7% simple interest on unpaid tax. Find the penalty Deep will pay. (Assume there are 365 days in ayear.)
(Round to the nearest cent.)
(January, March,May, July,August, October, and December have 31 days. April, June,September, and November have 30 days. February usually has 28days.)
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