Alex was late on his property tax payment to the county. He owed $5,404 and paid the
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Question:
Alex was late on his property tax payment to the county. He owed
$5,404
and paid the tax 9 months late. The county charges a penalty of 6% simple interest. Find the amount of the penalty.
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Part 1
Alex will have to pay a penalty of
$enter your response here.
(Round to the nearest cent as needed.)
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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