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kitkat867 kitkat867
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2 months ago
Solve the problem. Round dollar amounts to the nearest cent. Use ordinary interest unless otherwise indicated.

On October 15, Marge Smith paid a state income tax payment, which was due on June 30. The penalty was 11% simple interest on her unpaid tax of $513. Find the penalty using exact interest.

▸ $16.54

▸ $16.70

▸ $16.23

▸ $16.77
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Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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shanelljac204shanelljac204
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kitkat867 Author
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2 months ago
Thanks
Natalie Price
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You make an excellent tutor!
kiara23247843
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2 hours ago
Thank you, thank you, thank you!
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