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Exam #2 (Chapters 16, 17, & 19) i 3.57 points 01:54:18 Saved 11 Molly Ellen, bookkeeper for Keystone Company, forgot to send in the payroll
Exam #2 (Chapters 16, 17, & 19) i 3.57 points 01:54:18 Saved 11 Molly Ellen, bookkeeper for Keystone Company, forgot to send in the payroll taxes due on April 15. She sent the payment November 8. The IRS sent her a penalty charge of 10.20% simple interest on the unpaid taxes of $5,000. Calculate the penalty. (Remember that the government uses exact interest.) (Use Days in a year table.) (Do not round intermediate calculations. Round your answer to the nearest cent.) Penalty Help Save & Exit Submit
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