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ue.24. Gordon paid the $10000 balance of his federal income tax three months late. Ignore daily compounding of interest. Determine the interest rate that applies
ue.24. Gordon paid the $10000 balance of his federal income tax three months late. Ignore daily compounding of interest. Determine the interest rate that applies relative to this amount, assuming that: A. Gordon is an individual. B. Gordon is a C corporation. C. The $10000 is not a tax that is due but is a refund payable by the IRS to Gordon (an individual). D. The $10000 is not a tax that is due but is a refund payable by the IRS to Gordon (a C corporation)
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