Solution-Simple interest on unpaid tax

Simple interest on unpaid tax

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Reference no: EM132028119

Jackson's property tax is ?$656.85 and is due April 5. He does not pay until July 30. The county adds a penalty of 9.3?% simple interest on unpaid tax. Jackson will pay a penalty of ______ ? (Assume there are 365 days in a? year.)

?(Round to the nearest ?cent.)

?(January, March,? May, July,? August, October, and December have 31 days. ? April, June,? September, and November have 30 days. February usually has 28? days.)

Reference no: EM132028119

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Simple interest on unpaid tax : Jackson's property tax is ?$656.85 and is due April 5. He does not pay until July 30. The county adds a penalty of 9.3?% simple interest on unpaid tax.

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Simple interest on unpaid tax

Reference no: EM132028119

Reference no: EM132028119

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