Natalia's aunt went to Europe and forgot to pay her $840 mortgage payment on her New Hampshire

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Natalia's aunt went to Europe and forgot to pay her $840 mortgage payment on her New Hampshire ski house. For her 76 days overdue on her payment, the bank charged her a penalty of $13.

What was the rate of interest charged by the bank? (Use 360 day a year.)

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Apr 17, 2023 04:21 AM

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Natalia's aunt went to Europe and forgot to pay her $840 mortgage payment on her New Hampshire

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Income Tax Fundamentals 2013

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