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Lionel has to pay a penalty for filing his taxes late. The IRS charges 5% in interest for each month the payment is late. Lionel's

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Lionel has to pay a penalty for filing his taxes late. The IRS charges 5% in interest for each month the payment is late. Lionel's original tax bill was $2,000, but he now owes $2,680.19. How many years late is his payment? Click to see 0.8 years 0.2 years 12 years 0.5 years 6.0 years

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