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Posted on Jul 25, 2024

Your electric bill is 1 2 4 . You are charged 1 4 % simple interest for late payments. How much do you owe if

Your electric bill is

124 .

You are charged

14 %

simple interest for late payments. How much do you owe if you pay the bill

5

months past the due date?

(

Round your answer to two decimal places.

)

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