An accountant for a corporation forgot to pay the firm s income tax of 725 757 78 on time charged a penalty of 7 6 interest for

Question

An accountant for a corporation forgot to pay the firm s income tax of 725 757 78 on time charged a penalty of 7 6 interest for the 45 days the money was late Find the total amount tax and penalty that was paid Assume 365 days in a year The total amount paid was Round to the nearest cent as needed

Kunduz · Accepted Answer

Click to see the answer