An accountant for a corporation forgot to pay the firm's income tax of $725,835.68 on time. The government charged a penalty of

Question

An accountant for a corporation forgot to pay the firm's income tax of $725,835.68 on time. The government charged a penalty of 8.4% interest for the 49 days the money was late. Find the total amount (tax and penalty) that was paid. Assume 365 days in a year

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